HSBC Upgrades DocuSign to Hold, Announces $42 Price Target
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Stephen Bersey has upgraded DocuSign (NASDAQ:DOCU) from Reduce to Hold and announced a price target of $42.
September 27, 2023 | 9:30 am
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POSITIVE IMPACT
HSBC has upgraded DocuSign from Reduce to Hold and set a price target of $42.
The upgrade from HSBC could lead to a positive sentiment among investors, potentially driving the stock price up in the short term. The price target of $42 also provides a clear expectation of where the analyst believes the stock could head, which could influence investor decisions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100