Scotiabank Maintains Sector Outperform on Datadog, Lowers Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Patrick Colville maintains a Sector Outperform rating on Datadog (NASDAQ:DDOG) but lowers the price target from $145 to $135.

August 09, 2024 | 8:20 pm
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Scotiabank analyst Patrick Colville maintains a Sector Outperform rating on Datadog but lowers the price target from $145 to $135.
The maintained Sector Outperform rating is positive, indicating continued confidence in Datadog's performance. However, the lowered price target from $145 to $135 suggests some caution about future growth, balancing the overall impact to neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100