JP Morgan Maintains Underweight on DocuSign, Raises Price Target to $50
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Mark Murphy maintains an Underweight rating on DocuSign (NASDAQ: DOCU) and raises the price target from $48 to $50.
June 09, 2023 | 2:51 pm
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JP Morgan maintains an Underweight rating on DocuSign and raises the price target from $48 to $50.
The news of JP Morgan maintaining an Underweight rating on DocuSign and raising the price target from $48 to $50 may not have a significant short-term impact on the stock price. The price target increase is relatively small, and the Underweight rating remains unchanged, suggesting that the analyst still sees potential downside risks for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100