Datadog price target raised to $148 from $140 at Rosenblatt

Rosenblatt raised the firm’s price target on Datadog (DDOG) to $148 from $140 and keeps a Buy rating on the shares. Datadog reported “solid revenue growth” of 26% in Q3, or about 4% above the firm’s estimate, the analyst tells investors. For the year, revenue growth guidance is updated to 25% as the company remains cautious on the potential return to past rapid growth, notes the firm, which is “marginally adjusting” forecasts with the Q3 results.