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

Core Insights - Datadog, Inc. (NASDAQ:DDOG) is recognized as one of the 14 best cloud computing stocks to buy currently [1] Group 1: Analyst Ratings and Price Targets - Cantor Fitzgerald has reduced its price target for Datadog's stock to $150 from $220 while maintaining an "Overweight" rating, citing strong performance in the observability sector [2] - Scotiabank has lowered its price target on Datadog's stock to $160 from $180, keeping an "Outperform" rating, and highlights Datadog as the gold standard for cloud-native observability [3] - Baird has also decreased its price target for Datadog to $180 from $220 while retaining an "Outperform" rating, following strong results [4] Group 2: Company Overview - Datadog, Inc. is a U.S.-based company that provides observability services for cloud-scale applications, offering monitoring and analytics for servers, databases, tools, and services through a SaaS data analytics platform [4]