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Datadog, a leading observability platform, offers infrastructure monitoring, application performance monitoring, and log management. Its pricing model is flexible, starting at $15 per host per month. Datadog faces competition from New Relic, Splunk, and Dynatrace. Bank of America upgraded Datadog to Buy, raising the price target to $155, citing its strong growth potential and value proposition.
Datadog lifted to Buy at BofA as it establishes itself as the 'next high quality large cap stock' https://t.co/Q7tur29qKR https://t.co/R8RWIsa7yR
$DDOG BofA Securities Upgrades to Buy Upgrading Datadog to Buy and raising our PT to $155. Datadog helps organizations monitor application and infrastructure performance to ensure high quality end-user experiences. As discussed in our initiation report, we estimate this to be a…
$DDOG Bank of America upgrades Datadog to buy Datadog’s strong growth runway is worth paying more for compared to some of its enterprise tech peers, according to Bank of America.