BMO Capital Maintains Outperform on Datadog, Lowers Price Target to $132
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Keith Bachman maintains an Outperform rating on Datadog (NASDAQ:DDOG) but lowers the price target from $140 to $132.
August 09, 2024 | 4:02 pm
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NEUTRAL IMPACT
BMO Capital maintains an Outperform rating on Datadog but lowers the price target from $140 to $132.
The Outperform rating suggests continued confidence in Datadog's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100