UBS Maintains Sell on DocuSign, Raises Price Target to $48
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Karl Keirstead maintains a Sell rating on DocuSign (NASDAQ:DOCU) and raises the price target from $45 to $48.
June 09, 2023 | 1:57 pm
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UBS analyst Karl Keirstead maintains a Sell rating on DocuSign and raises the price target from $45 to $48.
The news directly mentions DocuSign and its price target being raised by UBS analyst Karl Keirstead. However, the Sell rating is maintained, which indicates that the analyst still believes the stock is overvalued and may underperform in the short term. This could have a negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100