RBC Capital Reiterates Sector Perform on DocuSign, Maintains $50 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Rishi Jaluria has reiterated a 'Sector Perform' rating on DocuSign (NASDAQ:DOCU), maintaining a price target of $50.
January 12, 2024 | 3:19 pm
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RBC Capital analyst reaffirms 'Sector Perform' rating on DocuSign, with no change to the $50 price target.
The reiteration of the 'Sector Perform' rating and maintenance of the price target suggests that RBC Capital's view on DocuSign's stock has not changed. This is likely to have a neutral short-term impact on the stock price as it does not alter the investment thesis for current or potential investors.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80