Truist Upgrades Datadog Stock to 'Buy' with Raised Price Target
Truist Securities upgraded Datadog (DDOG) stock to a 'Buy' rating and raised its price target to $300, indicating nearly 30% potential upside. The upgrade is based on improved visibility into DDOG's role in enterprise AI adoption and stronger relationships with frontier AI labs like OpenAI.
Topics: AI adoption Datadog (DDOG) observability platform stock upgrade Truist Securities