Datadog price target raised to $215 from $170 at Mizuho

Mizuho raised the firm’s price target on Datadog (DDOG) to $215 from $170 and keeps an Outperform rating on the shares. The company reported “impressive” Q3 results as it is benefiting from a growing number of artificial intelligence customers reaching scale, the analyst tells investors in a research note. Mizuho believes Datadog offers a favorable setup for a “sustainable healthy growth trajectory ahead.”