BofA analyst Wamsi Mohan raised the firm’s price target on DigitalOcean (DOCN) to $107 from $103 and keeps a Buy rating on the shares after having hosted investor meetings with the CEO, CFO and other member of management. While no financial update was provided, the meetings reinforced DigitalOcean is evolving from purely an AI infrastructure provider into a higher-value consumption driven agentic cloud platform, the analyst tells investors.
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