DigitalOcean (DOCN) news

DigitalOcean Holdings, Inc.: Truist Securities initiates coverage with buy rating; target price $175

Truist Securities has initiated coverage on DigitalOcean Holdings, Inc. (DOCN) with a "Buy" rating and target price of $175 per share. The move comes amid ongoing investor interest in cloud infrastructure providers, with DigitalOcean positioned as a key player in the scalable web hosting and cloud…

DigitalOcean (DOCN) fell 10.1% in intraday trading after falling 7.4% on Tuesday, marking a continuation of the prior session's move

DigitalOcean (DOCN) fell 10.1% in intraday trading on Wednesday, following a 7.4% decline on Tuesday, extending the downward trend initiated in the prior session. The recent drop comes amid broader market concerns over inflation and the Federal Reserve’s potential delay in cutting interest rates.…

DigitalOcean (DOCN) fell 5.30% in regular trading after falling 7.41% on Tuesday, marking a continuation of the prior session's move

DigitalOcean (DOCN) fell 5.30% in regular trading on Wednesday, following a 7.41% decline on Tuesday, as the stock continued to retrace from recent highs. The drop came amid broader market concerns over inflation and the likelihood of delayed Federal Reserve rate cuts, which have weighed on…

DigitalOcean Holdings, Inc.: UBS cuts target price to $140 from $155

UBS has revised its price target for DigitalOcean Holdings, Inc. (NYSE: DOCN), lowering it to $140 from the previous $155, according to a recent analyst note. The adjustment reflects a reassessment of the company’s near-term growth trajectory and market conditions. Despite the reduced target, UBS…

DigitalOcean Holdings Inc Q3 SHP view $0.28, revenue view $299.9 mln -- LSEG IBES data