Canaccord Genuity Maintains Buy on DigitalOcean Holdings, Raises Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst David Hynes maintains a 'Buy' rating on DigitalOcean Holdings (NYSE:DOCN) and raises the price target from $46 to $52.
July 12, 2023 | 2:57 pm
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Canaccord Genuity maintains a 'Buy' rating on DigitalOcean Holdings and raises the price target from $46 to $52.
The raised price target by Canaccord Genuity indicates a positive outlook for DigitalOcean Holdings. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100