Needham Reiterates Buy on Datadog, Maintains $165 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mike Cikos has reiterated a Buy rating on Datadog (NASDAQ:DDOG) and maintained a price target of $165.
February 16, 2024 | 10:32 am
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Needham analyst Mike Cikos reiterates a Buy rating on Datadog with a maintained price target of $165.
The reiteration of a Buy rating and maintenance of a $165 price target by a reputable analyst like Mike Cikos from Needham is likely to instill confidence among investors and could lead to a positive short-term impact on Datadog's stock price. Analyst ratings, especially from well-regarded financial institutions, can significantly influence investor sentiment and stock prices.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100