BTIG Lowers Datadog Price Target
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BTIG analyst Gray PowellTipRanks
•Business
Business & Economics
Datadog price target lowered to $136 from $162 at BTIG

80% Informative
BTIG analyst Gray Powell lowered the firm’s price target on Datadog (DDOG ) to $ 136 from $ 162 and keeps a Buy rating on the shares.
BTIG added that it is taking down its price target based on a more conservative multiple assumption.
If things play out reasonably well, Datadogs could end up growing revenue at closer to a 25% year-over-year pace this year .
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