Datadog’s (DDOG) AI Positioning in Focus as RBC Maintains Outperform Rating

Datadog, Inc. (NASDAQ:DDOG) is one of the 10 AI Stocks Analysts Are Watching. On February 9, RBC Capital analyst Matthew Hedberg lowered the price target on the stock to $150.00 (from $175.00) while maintaining an “Outperform” rating. While the firm is cautious on the stock due to peer-multiple compression, upcoming earnings and analyst day will provide a key AI strategy update. “Thinking through Datadog’s earnings report and analyst day; Next week will be busy for Datadog with earnings on 2/10 and an ana ...