RBC Capital Reiterates Outperform on Datadog, Maintains $151 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg has reiterated an Outperform rating on Datadog (NASDAQ:DDOG) and maintained a price target of $151.

February 16, 2024 | 5:08 pm
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RBC Capital maintains an Outperform rating on Datadog with a $151 price target.
The reiteration of an Outperform rating and the maintenance of a $151 price target by a reputable analyst like Matthew Hedberg from RBC Capital could instill confidence among investors and potentially 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 90
IMPORTANCE 80
RELEVANCE 100