DDOG - Datadog Upgraded To Buy: Analyst Highlights Positive Customer Feedback And Growth Prospect | Benzinga

Stifel analyst Brad R. Reback upgraded Datadog Inc (NASDAQ: DDOG) to Buy from Hold with an increased price target of $140.00 from $98.00. 

As per the survey by the analyst, installed-base optimization showed a marked decline (~38% vs. 50%) from thier prior two surveys.

Around half of the customers who are still optimizing indicated they were close to completing their optimizations (an improvement from 8% in last survey), writes the analyst.

Related: Full story available on Benzinga.com