As previously reported, BofA analyst Wamsi Mohan double upgraded DigitalOcean (DOCN) to Buy from Underperform with a price target of $60, up from $34. The firm cites improved visibility and conviction in demand, including signing multiple 8-figure deals, preliminary revenue guidance for 2026 approaching 20% growth, and rapidly expanding capacity that will support growth into 2026 and 2027.
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