DigitalOcean assumed with a Buy rating at Canaccord 10/10 DOCN Canaccord analyst David Hynes lowered the firm's price target on DigitalOcean to $49 from $55 and was assumed with Buy rating on the shares. The analyst said its simple, intuitive cloud computing platform appeals to lone-wolf developers and cloud teams at hyper-growth tech startups alike. He said early indicators from the company's ongoing ramp in direct sales investments appear promising and he sees a reasonable pathway for the company to achieve its 2024 model targets of 30%+ top-line growth with 25% EBIT margins.
GBA Presents: RADIO SAVANT-!
- Thread starter stonedinvestor
- Start date
+ 300 have a good feeling!
GBA BUY: DIGITALOCEAN CO. DOCN
Out $3.50-$3.70 dwac $30 calls. Paid $2
A rare 2 thumbs up from GBA.
It was $26.30 when I posted, $2.1-$2.40, hit $29.80 calls $3.6-$3.70 and faded. The reserve books on the $30c were heavy at certain prices.
I also bought the FNKO $10 calls, stock was tripping out.