Scotiabank Sees Datadog (DDOG) as Safe AI Monitoring Play Despite PT Cut
Datadog, Inc. (NASDAQ:DDOG) is one of the AI Stocks in Focus on Wall Street. On January 27, Scotiabank analyst Pat Colville lowered the price target on the stock to 217.00 while maintaining a Sector Outperform rating. The firm views DDOG as a safe AI monitoring play amid sector uncertainty. The firm has revised its estimates based on a detailed assessment of its exposure to OpenAI and recent customer/partner checks. It estimates that OpenAI contributes an estimated $310 million in revenue r ...