DigitalOcean is trading at $103.50, up 4.04% in premarket after Piper Sandler upgraded it to Overweight from Neutral, citing AI-driven growth potential, platform capabilities and appeal to AI startups. - Piper Sandler lowered its price target to $126 from $142. - Shares recently fell 14.76% on October 14 and 9.85% on October 16. - DigitalOcean will report third-quarter results before the market opens on November 3.