Datadog Doesn’t Belong In The Doghouse

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ValueWalk

Datadog’s Q3 results bode well for cyber security stocks.The analysts are in support and have a target well above the recent price action.The price may be bottoming but it’s too soon to go all-in.Datadog (NASDAQ:DDOG) shares are down more than 50% from their all-time high but it doesn’t deserve to be in the doghouse. The company’s valuation may have gotten out of hand back at the end of 2022 but now, with shares down at more reasonable levels, it’s more in line with reality and the reality is quite good. Q3 2022 hedge fund letters, conferences and more Find A Qualified Financial AdvisorEach ad…

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