Investing.com -- Stifel upgraded DigitalOcean Holdings to Buy from Hold and raised its price target to $160 from $135, arguing that growing demand for AI infrastructure, higher GPU pricing and additional capacity expansion should drive stronger earnings and revenue growth over the next several years.
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Investing.com21d agobullish
Stifel upgrades DigitalOcean to Buy on AI demand, raises target to $160TheStreet107d agoneutral
Morgan Stanley resets DigitalOcean price targetMorgan Stanley just reset its expectations for DigitalOcean (DOCN). The firm maintained its $75 price target but also laid out a bull case for the stock to reach $160 if execution continues to improve. Shares trade around $96 after climbing 100% year to date, adding more weight to what comes next. ...