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DigitalOcean price target raised to $48 from $42 at Canaccord
The Fly

DigitalOcean price target raised to $48 from $42 at Canaccord

Canaccord raised the firm’s price target on DigitalOcean to $48 from $42 and keeps a Buy rating on the shares. The firm met with management and came away incrementally bullish on the company’s ability to execute on its long-term opportunity as an SMB cloud provider.

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