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Barchart
Barchart
Wajeeh Khan

Truist Just Upgraded Datadog Stock. Here's Why.

Datadog Truist DDOG OpenAI

Truist Securities upgraded Datadog (DDOG) to “Buy” on Monday morning, while simultaneously raising its price target to $300, signaling potential upside of nearly 30% from current levels.

The upgrade was driven by analyst Miller Jump’s recent fieldwork, which revealed significant incremental positives about the company's positioning within the enterprise AI adoption cycle.

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