This DigitalOcean Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Wednesday

Wall Street analysts initiated coverage on several stocks. Baird's Rob Oliver started DigitalOcean (DOCN) with an Outperform rating and $165 price target, while also covering IBM at Neutral with a $230 target. Morgan Stanley's Shane Brett initiated Advanced Energy (AEIS) with an Overweight rating and $421 target. Raymond James' Madison Suhr rated Circle Internet (CRCL) Market Perform. Roth Capital's Sean McGowan initiated Corsair Gaming (CRSR) with a Buy rating and $15 target.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

Baird analyst Rob Oliver initiated coverage on IBM (NYSE:IBM) with a Neutral rating and announced a price target of $230. IBM shares closed at $210.50 on Tuesday. See how other analysts view this stock.
Morgan Stanley analyst Shane Brett initiated coverage on Advanced Energy Industries Inc (NASDAQ:AEIS) with an Overweight rating and announced a price target of $421. Advanced Energy shares closed at $303.71 on Tuesday. See how other analysts view this stock.
Raymond James analyst Madison Suhr initiated coverage on Circle Internet Group Inc (NYSE:CRCL) with a Market Perform rating. Circle Internet shares closed at $71.08 on Tuesday. See how other analysts view this stock.
Roth Capital analyst Sean McGowan initiated coverage on Corsair Gaming Inc (NASDAQ:CRSR) with a Buy rating and announced a price target of $15. Corsair Gaming shares closed at $9.88 on Tuesday. See how other analysts view this stock.
Baird analyst Rob Oliver initiated coverage on DigitalOcean Holdings Inc (NYSE:DOCN) with an Outperform rating and announced a price target of $165. DigitalOcean shares closed at $136.45 on Tuesday. See how other analysts view this stock.

Considering buying DOCN stock? Here’s what analysts think:

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Baird analyst Rob Oliver initiated coverage on IBM (NYSE:IBM) with a Neutral rating and announced a price target of $230. IBM shares closed at $210.50 on Tuesday. See how other analysts view this stock.
Morgan Stanley analyst Shane Brett initiated coverage on Advanced Energy Industries Inc (NASDAQ:AEIS) with an Overweight rating and announced a price target of $421. Advanced Energy shares closed at $303.71 on Tuesday. See how other analysts view this stock.
Raymond James analyst Madison Suhr initiated coverage on Circle Internet Group Inc (NYSE:CRCL) with a Market Perform rating. Circle Internet shares closed at $71.08 on Tuesday. See how other analysts view this stock.
Roth Capital analyst Sean McGowan initiated coverage on Corsair Gaming Inc (NASDAQ:CRSR) with a Buy rating and announced a price target of $15. Corsair Gaming shares closed at $9.88 on Tuesday. See how other analysts view this stock.
Baird analyst Rob Oliver initiated coverage on DigitalOcean Holdings Inc (NYSE:DOCN) with an Outperform rating and announced a price target of $165. DigitalOcean shares closed at $136.45 on Tuesday. See how other analysts view this stock.

Considering buying DOCN stock? Here’s what analysts think:

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