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TD Cowen names Datadog top pick ahead of Q3 earnings release

Investing.com · ·by G4L

DDOG Datadog Inc
$184.46 +0.04%
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  1. 1TD Cowen expects Datadog's Q3 revenue growth to reach approximately 35%, significantly exceeding the company guideline of 29%.
  2. 2Datadog recorded a 36% revenue growth rate in Q2, surpassing the company's Q2 revenue growth guideline of 30%.
  3. 3Citizens downgrades Alphabet as search monetization fails to keep pace with query growth.

So what's the key point?

Datadog's Q3 revenue growth is expected to be around 35%, which is higher than the company's own forecast. Experts have named Datadog as their top recommended stock.

Source Investing.com · View original ↗

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