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Datadog price target raised to $200 from $170 at Rosenblatt

Rosenblatt raised the firm’s price target on Datadog (DDOG) to $200 from $170 and keeps a Buy rating on the shares after the company reported “solid” Q3 results and raised its revenue growth guidance by about 2% to 26% for FY25. The firm is increasing its estimates for FY25-27 and rolling forward its valuation, the analyst noted.

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