DocuSign shares are trading lower after UBS maintained a Sell on the stock and lowered its price target from $52 to $45.
Portfolio Pulse from Benzinga Newsdesk
DocuSign shares are trading lower after UBS maintained a Sell rating on the stock and lowered its price target from $52 to $45.
May 31, 2023 | 1:05 pm
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UBS maintains a Sell rating on DocuSign and lowers its price target from $52 to $45, causing the stock to trade lower.
The article directly mentions that DocuSign shares are trading lower due to UBS maintaining a Sell rating and lowering its price target. This negative outlook from a major financial institution is likely to cause a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100