Barclays Maintains Overweight on DigitalOcean Holdings, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow has maintained an Overweight rating on DigitalOcean Holdings (NYSE:DOCN) but lowered the price target from $58 to $42.
August 04, 2023 | 8:24 pm
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Barclays has maintained an Overweight rating on DigitalOcean Holdings but lowered the price target from $58 to $42.
The news is directly related to DigitalOcean Holdings. While the Overweight rating indicates a positive outlook, the reduction in price target may create some uncertainty among investors, potentially impacting the stock's short-term performance.
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