DigitalOcean is trading 4.43% higher in pre-market at $103.89 after Piper Sandler upgraded it to Overweight from Neutral, citing AI growth potential.

  • The firm also cited DigitalOcean’s platform capabilities and appeal to AI startups, while lowering its price target to $126 from $142.
  • Shares compare with the October 20 close of $99.48. Nasdaq futures were modestly higher, and no earnings release was identified for October 21.