Analyst Bio:
Benzinga - by Anusuya Lahiri, Benzinga Editor. Rosenblatt analyst Blair Abernethy maintained Datadog Inc (NASDAQ: DDOG) with a Buy and lowered the price target from $110 to $105.
On Tuesday, Datadog reported Q2 results that were marginally better than expected. However, continued macro cloud adoption headwinds led to a weaker second-half outlook as recent usage growth from existing customers was lower than in previous quarters.
