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DigitalOcean price target raised to $183 from $105 at Barclays

Barclays analyst Raimo Lenschow raised the firm’s price target on DigitalOcean (DOCN) to $183 from $105 and keeps an Overweight rating on the shares. The firm believes DigitalOcean’s share rally should continue after the “strong Q1 results and significantly raised” fiscal 2027 guidance amid ramping capacity.

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