Citizens raised the firm’s price target on DigitalOcean (DOCN) to $83 from $60 and keeps an Outperform rating on the shares. DigitalOcean reported strong Q4 results, though guidance for Q1 and 2026 were mixed, but 2027 guidance was far better than expected, the analyst tells investors in a research note. The stock is a highly attractive opportunity for capital appreciation at these levels for a number of reasons, the firm adds.
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