BofA analyst Koji Ikeda raised the firm’s price target on Datadog (DDOG) to $180 from $175 and keeps a Buy rating on the shares. The firm, which thinks Datadog is “squarely becoming an AI-beneficiary,” expects upside to Street estimates given increased confidence that strong demand continues for its leading platform of observability and security tools, the analyst tells investors in a Q3 earnings preview.
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