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Fly News Breaks for November 13, 2019
DDOG
Nov 13, 2019 | 08:56 EDT
Stifel analyst Brad Reback said Datadog reported "solid financial results" in its first quarter of being public and that its guidance was also "well ahead" of consensus estimates. Reback, who continues to project Datadog can sustain 30%+ top-line growth with "increasing levels of profitability," raised his price target on the stock to $43 from $40 and keeps a Buy rating on the shares.
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