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Tuesday, 05/07/2024 3:45:36 PM

Tuesday, May 07, 2024 3:45:36 PM

Post# of 364612
Datadog price target lowered to $140 from $155 at BMO Capital
BMO Capital lowered the firm's price target on Datadog to $140 from $155 and keeps an Outperform rating on the shares. Against high expectations, the company reported "solid" quarterly results, though there were a few "disappointing" metrics, the analyst tells investors in a research note. The firm said it continues to rate the name Outperform based on its view that Datadog's expanding portfolio can sustain durable growth.

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