Bernstein Upholds Outperform Rating on Datadog Amid GitLab Acquisition Talk
Bernstein has maintained its Outperform rating for Datadog, assigning a price target of $180.00 despite ongoing speculation regarding a potential acquisition of GitLab. While Datadog's stock price shows momentum shifts linked to these rumors, Bernstein's analysis suggests the company prefers organic product development over sizable acquisitions. Ma…