Morgan Stanley upgraded Datadog (DDOG) to Overweight from Equal Weight with an unchanged price target of $180. The firm says the company’s underlying growth trends heading into 2026 are improving. It sees better core growth for Datadog, driven by its cloud migrations and digital transformation initiatives. These initiatives and an opportunity to monitor agentic apps are fueling accelerating core growth which should sustain through 2027, the analyst tells investors in a research note.
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