Morgan Stanley Maintains Underweight on DocuSign, Lowers Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Josh Baer maintains an Underweight rating on DocuSign (NASDAQ:DOCU) and lowers the price target from $54 to $49.
June 27, 2023 | 12:25 pm
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Morgan Stanley analyst Josh Baer maintains an Underweight rating on DocuSign and lowers the price target from $54 to $49.
The lowered price target by Morgan Stanley indicates a bearish outlook on DocuSign's stock. This could lead to a negative short-term impact on the stock price as investors may adjust their positions based on the new target.
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