Wedbush Maintains Neutral on DocuSign, Raises Price Target to $67
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Daniel Ives maintains a Neutral rating on DocuSign (NASDAQ:DOCU) and raises the price target from $60 to $67.
June 09, 2023 | 2:11 pm
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NEUTRAL IMPACT
Wedbush analyst Daniel Ives maintains a Neutral rating on DocuSign and raises the price target from $60 to $67.
The news of Wedbush maintaining a Neutral rating on DocuSign and raising the price target from $60 to $67 indicates that the analyst sees potential growth in the stock but remains cautious. This may not have a significant short-term impact on the stock price, as the rating remains unchanged. However, the increased price target may attract some investors, but overall, the impact is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100