Analysts Offer Insights on Technology Companies: DigitalOcean Holdings (DOCN), Toast Inc (TOST) and GoDaddy (GDDY)
Analysts have been eager to weigh in on the Technology sector with new ratings on DigitalOcean Holdings (DOCN – Research Report), Toast Inc (TOST – Research Report) and GoDaddy (GDDY – Research Report).
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DigitalOcean Holdings (DOCN)
In a report released yesterday, Thomas Blakey from Cantor Fitzgerald maintained a Buy rating on DigitalOcean Holdings, with a price target of $83.00. The company’s shares closed last Tuesday at $62.74.
According to TipRanks.com, Blakey is a 1-star analyst with an average return of
DigitalOcean Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $74.60, which is a 31.7% upside from current levels. In a report issued on February 16, Citi also maintained a Buy rating on the stock with a $75.00 price target.
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Toast Inc (TOST)
Truist Financial analyst Matthew Coad maintained a Buy rating on Toast Inc today and set a price target of $36.00. The company’s shares closed last Tuesday at $25.57.
According to TipRanks.com, Coad has 0 stars on 0-5 stars ranking scale with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Toast Inc with a $39.05 average price target, which is a 57.2% upside from current levels. In a report issued on February 13, Bernstein also upgraded the stock to Buy with a $39.00 price target.
GoDaddy (GDDY)
Cantor Fitzgerald analyst Deepak Mathivanan reiterated a Hold rating on GoDaddy today and set a price target of $90.00. The company’s shares closed last Tuesday at $92.30.
According to TipRanks.com, Mathivanan is a 5-star analyst with an average return of
Currently, the analyst consensus on GoDaddy is a Moderate Buy with an average price target of $132.00, a 50.6% upside from current levels. In a report released today, Wells Fargo also maintained a Hold rating on the stock with a $77.00 price target.
