B of A Securities Maintains Neutral on DocuSign, Raises Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Brad Sills maintains a Neutral rating on DocuSign (NASDAQ:DOCU) and raises the price target from $60 to $72.

March 08, 2024 | 12:23 pm
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POSITIVE IMPACT
B of A Securities has maintained a Neutral rating on DocuSign and increased the price target from $60 to $72.
The increase in price target by B of A Securities suggests a positive outlook on DocuSign's future performance, potentially leading to increased investor confidence and a short-term positive impact on the stock price. However, the maintenance of a Neutral rating indicates that there are still some reservations or uncertainties regarding the company's long-term prospects.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90