Analyst Koji Ikeda from Bank of America Securities maintains this positive outlook, citing Datadog's strong revenue growth and strategic initiatives in AI as key reasons for the recommendation
While Morgan Stanley acknowledges Datadog's strong market position and strategic growth initiatives, they also highlight near-term risks such as slower growth expectations and a high valuation
According to TipRanks, here are some of the recent price targets for Datadog (ticker: DDOG):
Barclays: $180.00
Morgan Stanley: $143.00
Truist: $140.00
DA Davidson: $165.00
Scotiabank: $155.00
While Morgan Stanley acknowledges Datadog's strong market position and strategic growth initiatives, they also highlight near-term risks such as slower growth expectations and a high valuation
According to TipRanks, here are some of the recent price targets for Datadog (ticker: DDOG):
Barclays: $180.00
Morgan Stanley: $143.00
Truist: $140.00
DA Davidson: $165.00
Scotiabank: $155.00
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