Citi raised the firm’s price target on DigitalOcean (DOCN) to $115 from $75 and keeps a Buy rating on the shares as part of a Q1 earnings preview. The firm sees an “inflection point” for DigitalOcean as its moves up the inference curve. Citi believes the company will exit 2026 with a 25% revenue growth rate. The shares offer an attractive at current levels, the analyst tells investors in a research note.
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