Cantor Fitzgerald Reduces PT on Datadog, Inc. (DDOG) Stock

Datadog, Inc. (NASDAQ:DDOG) is among the 14 Best Cloud Computing Stocks to Buy Right Now.

On February 6, Cantor Fitzgerald reduced its terms people connected the company’s banal to $150 from $220, portion keeping an “Overweight” rating, arsenic reported by The Fly. As per the analyst, the observability assemblage demonstrated beardown performance, with results ranging from in-line to ahead-of-plan.

After the caller M&A, the security-related income cycles person strengthened. Also, the ongoing level consolidation is benefiting the pure-play companies.

Meanwhile, Scotiabank reduced its terms people connected Datadog, Inc. (NASDAQ:DDOG)’s banal to $160 from $180, portion keeping an “Outperform” rating, arsenic reported by The Fly. As per the analyst, the steadfast believes that Datadog, Inc. (NASDAQ:DDOG) remains the golden modular for cloud-native observability. Also, the steadfast appreciates the company’s accelerating adoption due to the fact that of AI.

In a abstracted release, Baird reduced its terms target on the company’s banal to $180 from $220, portion keeping an “Outperform” rating. Notably, the steadfast updated the exemplary aft beardown results.

Datadog, Inc. (NASDAQ:DDOG) is simply a U.S.-based institution that provides an observability work for cloud-scale applications. Its level provides monitoring and analytics for servers, databases, tools, and services, delivered via a SaaS information analytics platform.

While we admit the imaginable of DDOG arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None.