Daiwa Capital Downgrades DocuSign to Outperform, Announces $60 Price Target
Portfolio Pulse from Benzinga Newsdesk
Daiwa Capital analyst Stephen Bersey downgraded DocuSign (NASDAQ:DOCU) from Buy to Outperform and set a price target of $60.
December 15, 2023 | 12:43 pm
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DocuSign was downgraded by Daiwa Capital from Buy to Outperform with a price target of $60.
Downgrades typically lead to a negative perception among investors, potentially causing a short-term decline in stock price. The new price target of $60 may also influence market expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100