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.

May 07, 2024 | 5:58 pm
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Needham analyst Mike Cikos reaffirmed a Buy rating on Datadog with a steady price target of $165.
Analyst ratings, especially from reputable firms like Needham, can significantly influence investor sentiment and stock prices. The reiteration of a Buy rating and a high price target suggests strong confidence in Datadog's future performance, potentially leading to positive short-term price movement.
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