Form DEFA14A Datadog, Inc.

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RBC on Datadog (DDOG): 'stock is down ~10% in premarket trading as the stock has been strong YTD vs peers'

May 7, 2024 7:44 AM EDT

RBC Capital analyst Matt Hedberg reiterated a Sector Perform rating and $151.00 price target on Datadog (NASDAQ: DDOG)

The analyst comments "Datadog reported a solid start to the year outperforming both the top and bottom line. For the quarter, revenue growth accelerated and grew +27%, a 3.8% beat vs. a 3.9% beat and +26% growth last quarter, and... More