Barclays Maintains Overweight on DigitalOcean Holdings, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Overweight rating on DigitalOcean Holdings (NYSE:DOCN) but lowers the price target from $43 to $38.
August 09, 2024 | 12:36 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Barclays analyst Raimo Lenschow maintains an Overweight rating on DigitalOcean Holdings (NYSE:DOCN) but lowers the price target from $43 to $38.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100