DA Davidson Upgrades Datadog to Buy, Boosts Price …

From Financial Modeling Prep: 2024-10-01 10:26:00

DA Davidson analysts upgraded Datadog (NASDAQ:DDOG) to Buy from Neutral, with a new price target of $140, up from $115. They believe Datadog is well-positioned for 20%+ growth into 2025 and beyond, citing strong competitive advantages in the observability space. Positive signals from package download data also suggest potential upside, making Datadog a top pick for long-term investment.



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