Bernstein Downgrades Datadog Stock Amid Concerns Over Slowing Core Business Growth
Bernstein analyst Peter Weed downgraded Datadog (DDOG) to 'Market Perform' despite raising its price target, citing concerns over slowing growth in the company's core non-AI business. The stock has surged by 87% year-to-date but faces potential headwinds as non-AI revenue is expected to peak and decelerate later this year.
Tickers: $DDOG
Topics: AI growth concerns Bernstein analyst report Datadog (DDOG) stock downgrade