UPDATE: JPMorgan Starts DigitalOcean (DOCN) at Overweight
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UPDATE: KeyBanc Starts DigitalOcean (DOCN) at Overweight
April 19, 2021 4:47 AM EDT(Updated - April 19, 2021 5:24 AM EDT)
KeyBanc analyst Michael Turits initiates coverage on DigitalOcean (NYSE: DOCN) with a Overweight rating and a price target of $56.00.
The analyst comments "nitiating coverage of developer and SMB-focused public cloud service provider DigitalOcean at Overweight (OW). Like... More
UPDATE: Morgan Stanley Starts DigitalOcean (DOCN) at Equalweight
April 19, 2021 1:41 AM EDT(Updated - April 19, 2021 5:22 AM EDT)
Morgan Stanley analyst Josh Baer initiates coverage on DigitalOcean (NYSE: DOCN) with a Equalweight rating and a price target of $50.00.
The analyst comments "DigitalOcean, a pure public cloud play aligned to secular tailwinds, including shift to cloud, digital... More
UPDATE: Goldman Sachs Starts DigitalOcean (DOCN) at Buy
April 19, 2021 1:34 AM EDT(Updated - April 19, 2021 5:32 AM EDT)
Goldman Sachs analyst Christopher Merwin initiates coverage on DigitalOcean (NYSE: DOCN) with a Buy rating and a price target of $101.00.
The analyst comments "Digital Ocean is a cloud computing platform that provides cloud infrastructure and developer tools to... More
UPDATE: Barclays Starts DigitalOcean (DOCN) at Overweight
April 19, 2021 1:31 AM EDT(Updated - April 19, 2021 5:03 AM EDT)
Barclays analyst Raimo Lenschow initiates coverage on DigitalOcean (NYSE: DOCN) with a Overweight rating and a price target of $57.00.
The analyst comments "Valuation Leaves Upside, No Natural Comp Group: We use a combination of data center providers,... More
UPDATE: JMP Securities Starts DigitalOcean (DOCN) at Market Outperform
April 19, 2021 1:29 AM EDT(Updated - April 19, 2021 5:20 AM EDT)
JMP Securities analyst Patrick Walravens initiates coverage on DigitalOcean (NYSE: DOCN) with a Market Outperform rating and a price target of $58.00.
The analyst comments "We see DigitalOcean as an excellent opportunity for long-term durable growth and capital appreciation for several reasons, including: 1) it is attacking the large Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS) markets for... More
UPDATE: Stifel Starts DigitalOcean (DOCN) at Hold
April 19, 2021 12:35 AM EDT(Updated - April 19, 2021 5:34 AM EDT)
Stifel analyst Brad Reback initiates coverage on DigitalOcean (NYSE: DOCN) with a Hold rating and a price target of $50.00.
The analyst comments "We are initiating coverage of DigitalOcean with a Hold rating and a... More
