On Nov 08, major Wall Street analysts update their ratings for $Datadog (DDOG.US)$, with price targets ranging from $143 to $162.
Morgan Stanley analyst Sanjit Singh maintains with a buy rating, and adjusts the target price from $137 to $143.
Goldman Sachs analyst Kash Rangan maintains with a buy rating, and adjusts the target price from $150 to $162.
BofA Securities analyst Koji Ikeda maintains with a buy rating, and adjusts the target price from $155 to $156.
Citi analyst Fatima Boolani maintains with a buy rating, and adjusts the target price from $150 to $157.
Barclays analyst Raimo Lenschow maintains with a buy rating, and adjusts the target price from $140 to $155.
Furthermore, according to the comprehensive report, the opinions of $Datadog (DDOG.US)$'s main analysts recently are as follows:
Datadog's third-quarter performance highlighted its remarkable scalable profitability and capital efficiency. The company's prospects remain positive regarding market and wallet share expansion, supported by a favorable competitive environment and a growing trend towards consolidation.
Datadog continues to exhibit top-tier growth within the present market conditions, maintaining a consistent performance over the past several quarters.
The firm reported robust third-quarter results for Datadog, noting a significant revenue increase and improved margins. Additionally, there was a slight upward revision in the full-year guidance.
Here are the latest investment ratings and price targets for $Datadog (DDOG.US)$ from 17 analysts:
Note:
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