Monday's Morning Movers: AMD & ASML PT Hikes, DDOG Downgrade

The article highlights Monday morning analyst action in semiconductors and software. Goldman Sachs raised its AMD price target to 640 from 450 and kept a buy rating, citing stronger conviction that AMD will benefit from the next phase of AI infrastructure spending, especially enterprise CPU demand. AMD shares were up about 4% and are roughly 150% higher over the past six months. Bernstein also boosted its ASML target to 2,623, saying AI-related chip manufacturing demand is stronger than expected and equipment spending should keep rising; ASML stock was up more than 3% and about 70% year-to-date. In contrast, Bernstein downgraded Datadog to market perform from outperform, though it still raised the target to 226 from 180. The firm said expectations may be too high and growth could slow in the second half, signaling potential pressure on a stock that has already had a huge run.