UBS Maintains Neutral on DigitalOcean Holdings, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Jeff Hickey maintains a Neutral rating on DigitalOcean Holdings (NYSE:DOCN) but lowers the price target from $40 to $34.
August 09, 2024 | 2:57 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
UBS analyst Jeff Hickey maintains a Neutral rating on DigitalOcean Holdings (NYSE:DOCN) but lowers the price target from $40 to $34.
The lowered price target from $40 to $34 by UBS suggests a less optimistic outlook for DigitalOcean Holdings, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100