Investing.com -- Jefferies cut Datadog to Hold from Buy on Tuesday, citing valuation concerns after the stock's sharp rally this year, even as the firm maintained its fundamental view of the company as an AI beneficiary.
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Investing.com14d agoneutral
Jefferies downgrades Datadog after 94% YTD rallyInvesting.com30d agobearish
Bernstein downgrades Datadog on valuation concerns despite stronger AI outlookInvesting.com -- Brokerage Bernstein downgraded cloud monitoring software company Datadog to "Market-Perform" from "Outperform" on Monday, saying the stock's recent rally has outpaced its improving fundamentals even as the company stands to benefit from growing artificial intelligence adoption.