Wells Fargo Maintains Underweight on DocuSign, Raises Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Turrin maintains an Underweight rating on DocuSign (DOCU) and raises the price target from $45 to $48.

March 08, 2024 | 12:29 pm
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Wells Fargo analyst Michael Turrin maintains an Underweight rating on DocuSign but raises the price target from $45 to $48.
The adjustment in price target by Wells Fargo suggests a slightly more optimistic outlook on DocuSign's stock value, despite maintaining an Underweight rating. This could indicate an expectation of some positive movement in the stock's price, but the Underweight rating still suggests caution. Investors might see this as a nuanced view, potentially leading to mixed reactions in the short term.
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