Needham Reiterates Buy on Datadog, Maintains $165 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mike Cikos reiterates a Buy rating on Datadog (NASDAQ:DDOG) and maintains a $165 price target.
June 27, 2024 | 9:29 am
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Needham analyst Mike Cikos reiterates a Buy rating on Datadog and maintains a $165 price target, indicating continued confidence in the company's performance.
The reiteration of a Buy rating and the maintenance of a $165 price target by a reputable analyst suggests strong confidence in Datadog's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100