Wells Fargo Maintains Equal-Weight on DocuSign, Lowers Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Turrin has maintained an Equal-Weight rating on DocuSign (NASDAQ:DOCU) but has reduced the price target from $55 to $47.
December 08, 2023 | 4:18 pm
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Wells Fargo analyst Michael Turrin maintains an Equal-Weight rating on DocuSign and lowers the price target from $55 to $47.
The reduction in price target by Wells Fargo could lead to a negative perception among investors regarding DocuSign's future stock performance, potentially causing a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100