Initiated Buy X

DOCN DigitalOcean

Citigroup

$45

Initiated Neutral X

DOCN DigitalOcean

Cantor Fitzgerald

$39

Upgrades Eq-Weight Overweight X

DOCN DigitalOcean

Morgan Stanley

$40 $41

Initiated Neutral X

DOCN DigitalOcean

UBS

$40

Upgrades Perform Outperform X

DOCN DigitalOcean

Oppenheimer

$37

Upgrades Sell Buy X

DOCN DigitalOcean

Goldman

$33

Upgrades Underweight Neutral X

DOCN DigitalOcean

Piper Sandler

$30 $22

Downgrades Buy Underperform X

DOCN DigitalOcean

BofA Securities

$47 $25

Upgrades Underweight Eq-Weight X

DOCN DigitalOcean

Morgan Stanley

$127 $103

Downgrades Neutral Underweight X

DOCN DigitalOcean

Piper Sandler

$35

Downgrades Buy Hold X

DOCN DigitalOcean

Needham

Downgrades Outperform Perform X

DOCN DigitalOcean

Oppenheimer

Downgrades Overweight Neutral X

DOCN DigitalOcean

Piper Sandler

$30

Initiated Buy X

DOCN DigitalOcean

Needham

$36

Initiated Neutral X

DOCN DigitalOcean

Credit Suisse

$31

Downgrades Overweight Neutral X

DOCN DigitalOcean

JP Morgan

$50 $27

Downgrades Overweight Sec Weight X

DOCN DigitalOcean

KeyBanc Capital Markets

Downgrades Overweight Sec Weight X

DOCN DigitalOcean

KeyBanc Capital Markets

Resumed Buy X

DOCN DigitalOcean

Canaccord Genuity

$49

Downgrades Buy Sell X

DOCN DigitalOcean

Goldman

$54 $40

Downgrades Eq-Weight Underweight X

DOCN DigitalOcean

Morgan Stanley

$45

Initiated Buy X

DOCN DigitalOcean

Goldman

$49

DOCN  DigitalOcean Holdings, Inc.

DigitalOcean Holdings, Inc., through its subsidiaries, operates a cloud computing platform in North America, Europe, Asia, and internationally. Its platform provides on-demand infrastructure and platform tools for developers, start-ups, and small and medium size businesses. The company offers infrastructure solutions across compute, storage, and networking, as well as enables developers to extend the native capabilities of its cloud with fully managed application, container, and database offerings. Its users include software engineers, researchers, data scientists, system administrators, students, and hobbyists. The company's customers use its platform in various industry verticals and for a range of use cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, managed services, and others. DigitalOcean Holdings, Inc. was incorporated in 2012 and is headquartered in New York, New York.