Citigroup Reiterates Buy on DocuSign, Raises Price Target to $78
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Tyler Radke reiterated a Buy rating on DocuSign (NASDAQ: DOCU) and raised the price target from $73 to $78.
June 09, 2023 | 4:52 pm
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POSITIVE IMPACT
Citigroup analyst Tyler Radke reiterated a Buy rating on DocuSign and raised the price target from $73 to $78.
The news of Citigroup reiterating a Buy rating and raising the price target for DocuSign is positive for the company's stock. This indicates that the analyst has confidence in the company's performance and growth potential, which could lead to an increase in demand for the stock and a short-term positive impact on its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100