Canaccord Genuity Maintains Buy on DigitalOcean Holdings, Lowers Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Kingsley Crane has maintained a 'Buy' rating on DigitalOcean Holdings (NYSE:DOCN) but lowered the price target from $52 to $33.
October 31, 2023 | 6:17 pm
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Canaccord Genuity has maintained a 'Buy' rating on DigitalOcean Holdings but lowered the price target from $52 to $33.
The news is directly related to DigitalOcean Holdings. While the 'Buy' rating is maintained, the lowering of the price target could indicate a potential decrease in the short-term stock price. However, the impact is not necessarily negative as the 'Buy' rating is still in place.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100