TradingKey – Datadog (NASDAQ: DDOG) shares ended near the $257 mark after a turbulent week. The stock was briefly buoyed by the market’s excitement about AI in general. But it lost more than 4% as investors digested Bernstein’s downgrading of the stock to Market Perform. Bernstein noted that while demand for AI services has increased recently, demand for traditional cloud monitoring products is declining. 

Bernstein also argued the firm might struggle to continue growing at current levels in 2026, given the comparisons and valuation it enjoys now. However, Benchmark has raised its price target to a Street-high $330 on the back of customer and partner checkouts. 

The company just posted its first $1 billion quarter in revenue. And on…