Goldman Sachs Double Upgrades DigitalOcean (DOCN) to Buy

Go back to Goldman Sachs Double Upgrades DigitalOcean (DOCN) to Buy

DigitalOcean (DOCN) double-upgraded at Goldman Sachs as business 'now approaching a cyclical trough'

November 7, 2023 2:31 PM EST

Analysts at Goldman Sachs double-upgraded DigitalOcean (NYSE: DOCN) to Buy from Sell in a note to clients Tuesday, maintaining a price target of $33 per share on the stock.

Following the note, DOCN shares have jumped more than 11% to over $$26 per share. However, the stock has declined over... More