Wells Fargo lowered the firm’s price target on Datadog (DDOG) to $115 from $140 as growth continues to decelerate in 2025, while keeping an Equal Weight rating on the shares. The firm notes shares traded roughly flat intraday despite the company’s solid Q1 results. Management prudently left the second half of 2025 guide unchanged, but lowered operating income on higher cloud hosting costs and M&A, Wells says.
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