JMP Securities Reiterates Market Outperform on DocuSign, Maintains $84 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Patrick Walravens has reiterated a 'Market Outperform' rating on DocuSign (NASDAQ:DOCU), maintaining a price target of $84.
January 22, 2024 | 8:17 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
JMP Securities reaffirms a positive outlook on DocuSign with a 'Market Outperform' rating and a price target of $84.
The reiteration of a 'Market Outperform' rating by JMP Securities is a positive endorsement for DocuSign, which could instill confidence in investors and potentially lead to a short-term positive impact on the stock price. The maintained price target of $84 suggests that the analyst sees continued upside potential for the stock, which is currently trading below this target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100