RBC Capital Maintains Outperform on Datadog, Lowers Price Target to $103
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Matthew Hedberg maintains an Outperform rating on Datadog (NASDAQ:DDOG) but lowers the price target from $118 to $103.
August 09, 2023 | 2:53 pm
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RBC Capital maintains an Outperform rating on Datadog but lowers the price target from $118 to $103.
The news is directly related to Datadog (DDOG). While the Outperform rating is maintained, the lowering of the price target could potentially create some uncertainty among investors, which might impact the stock's performance in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100