Stifel Sticks With Buy on Datadog After Analyst Day, Cites Multi-Product Growth and Margin Leverage
Stifel reaffirmed a Buy rating and a $160 price objective on Datadog (DDOG) after the company's recent analyst day, highlighting growth potential in newer product lines, broader selling motions and a pathway to sustained margin expansion. Management emphasized extensions across the software development lifecycle, bring-your-own-cloud options and AI…