DigitalOcean shares slump as Q4 earnings guidance falls short
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DigitalOcean (DOCN) PT Raised to $28 at BofA Securities
November 4, 2024 2:04 PM ESTBofA Securities analyst Wamsi Mohan raised the price target on DigitalOcean (NYSE: DOCN) to $28.00 (from $25.00) while maintaining a Underperform rating.
The analyst comments "DOCN reported F3Q24 revenue of $198mn (+12% y/y), EPS of $0.52 and adj. EBITDA of $87mn (44% adj. EBITDA... More
