JMP Securities analyst Patrick Walravens maintained a Buy rating on DigitalOcean Holdings (DOCN – Research Report) today and set a price target of $47.00. The company’s shares opened today at $39.12.
According to TipRanks, Walravens is an analyst with an average return of -1.8% and a 43.79% success rate. Walravens covers the Technology sector, focusing on stocks such as Jamf Holding, Vertex, and Asana.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for DigitalOcean Holdings with a $36.67 average price target.
The company has a one-year high of $43.88 and a one-year low of $19.39. Currently, DigitalOcean Holdings has an average volume of 1.43M.
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DigitalOcean Holdings (DOCN) Company Description:
DigitalOcean Holdings Inc is one of the leading cloud computing platforms offeringon-demand infrastructure and platform tools for developers, start-ups and small and medium-sized businesses. The customers use the platform for a wide range of cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, and managed services, among many others.
