Morgan Stanley Maintains Underweight on DocuSign, Raises Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Josh Baer maintains an Underweight rating on DocuSign (NASDAQ:DOCU) and raises the price target from $49 to $51.
September 08, 2023 | 2:04 pm
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Morgan Stanley maintains an Underweight rating on DocuSign and raises the price target from $49 to $51.
The news is directly related to DocuSign as Morgan Stanley maintains an Underweight rating on the company. However, they have raised the price target from $49 to $51, which indicates a slightly positive outlook. The impact on the stock price is neutral in the short term as the Underweight rating is maintained.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100