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Fly News Breaks for February 11, 2020
DDOG
Feb 11, 2020 | 09:01 EDT
Needham analyst Jack Andrews raised his price target to $54 and kept his Buy rating on Datadog ahead of its Q4 earnings this week, saying he expects "good results" with monetization of new SKUs creating an uplift after a period of pent-up demand. The analyst adds that the competitive landscape for Datadog should remain favorable, with other public companies having reported strong metrics, and also raises his FY20 EPS view by 4c to (9c).
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