** Shares of cloud security firm Datadog DDOG.O rise 2.8% to $236.42 premarket

** Truist Securities upgrades to "buy" from "hold;" raises PT to $300 from $190, implying a 30.5% upside to the stock's last close

** Brokerage says urgency in enterprise AI adoption is outweighing the urgency to optimize AI, and "customers remain early in their agentic AI journeys"

** "Increased visibility into the stability of relationships with frontier labs mitigates risk around what we see as the most likely near term risk to the bull thesis," says Truist

** Avg. rating of 50 analysts is "buy;" their median PT is $228 - data compiled by LSEG

** Up to last close, the stock had risen 69.1% YTD