Canaccord raised the firm’s price target on Datadog to $120 from $95 and keeps a Buy rating on the shares. The firm said the company’s success with signing increasingly larger upfront deals speaks to the company’s proven track record in the observability space as well as the growing breadth of its platform into areas like Security and ML monitoring.
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Read More on DDOG:
- Datadog price target raised to $100 from $95 at Wells Fargo
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