From Yahoo Finance: 2025-05-07 12:01:00

BTIG analyst Gray Powell lowers Datadog’s price target to $136 from $162, maintains Buy rating. Q1 results strong but forward outlook mixed with revenue guidance up for 2025, operating income guidance down. Firm believes Datadog better positioned for economic slowdown, could see 25% revenue growth in 2023. Price target lowered on conservative multiple assumption.

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Read more: Datadog price target lowered to $136 from $162 at BTIG