In a Tuesday note, the bank maintained its buy rating on the cloud computing stock and raised its price target.
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The investment firm upgraded cloud name to overweight from neutral.
The bank upgraded the cloud software maker to overweight from equal weight.
Bank of America sees shares of DigitalOcean surging more than 30% from current levels.
The ramp up in artificial intelligence may send shares higher in the coming months, according to Citizens.
Shares of the company could surge 26% from here, according to Wolfe Research.
Another quarter of double-digit order growth proves Cisco is an underrated winner from the AI infrastructure buildout.
