Morgan Stanley analyst Josh Baer raised the firm’s price target on DigitalOcean (DOCN) to $175 from $75 and keeps an Overweight rating on the shares. Q1 results, 2026 guidance and 2027 targets came in ahead of investor expectations, notes the analyst, who adds that DigitalOcean is “essentially doubling capacity and benefitting from better monetization of overall capacity from pricing trends.”
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