Datadog Stock Jumps: Bernstein Boosts Price Target
Update: 2025-10-08
Description
Datadog's stock jumped over 5% after Bernstein raised its price target, citing strong cloud consumption and dismissing concerns about losing major AI clients like OpenAI. This surge, coupled with a recent Overweight rating from Wells Fargo, signals growing investor confidence in Datadog's core business through 2027. While AI buzz fuels interest, Datadog's 14% year-to-date climb and substantial five-year growth highlight its real momentum in the tech sector, making its future quarterly performance one to watch closely.
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