15 AI News That Broke The Internet This Week

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9. Datadog, Inc. (NASDAQ:DDOG)

Number of Hedge Fund Holders: 71 

Datadog, Inc. (NASDAQ:DDOG) provides monitoring and analytics services. The firm specializes in cloud computing and AI-powered cybersecurity products. On November 22, BTIG analyst Gray Powell raised the price target on the stock to $171 from $149 and kept a Buy rating on the shares after meeting with its management team. The commentary from the meeting was very positive as the company described the macro environment as stable with a positive upward tilt, the analyst told investors in a research note. That assessment was consistent with commentary from the last few quarters, but encouraging all the same, BTIG notes, adding that Datadog also stands to benefit from greater AI adoption.

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