RBC Capital Maintains Outperform on Datadog, Raises Price Target to $151
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg has maintained an Outperform rating on Datadog (NASDAQ:DDOG) and increased the price target from $145 to $151.
February 14, 2024 | 3:14 pm
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RBC Capital has maintained an Outperform rating on Datadog and raised the price target from $145 to $151.
The increase in price target by RBC Capital, along with the maintenance of an Outperform rating, suggests a positive outlook on Datadog's stock. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100