Bernstein upgrades Datadog to outperform from market perform, citing AI tailwinds

Bernstein raised Datadog to outperform from market perform, with analyst Peter Weed arguing that artificial intelligence workloads will lift demand for the cloud monitoring company. The stock rose about 3% before the open and was up about 6% by midday on Monday.

• Rating: outperform from market perform (Bernstein)
• Thesis: AI tailwinds for cloud monitoring demand
• Shares up about 3% premarket, about 6% at midday