RBC Capital Maintains Sector Perform on DocuSign, Raises Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Rishi Jaluria maintains a Sector Perform rating on DocuSign (NASDAQ:DOCU) and raises the price target from $50 to $59.
March 08, 2024 | 3:38 pm
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RBC Capital maintains a Sector Perform rating on DocuSign and raises the price target from $50 to $59.
The increase in price target by RBC Capital from $50 to $59 indicates a positive outlook on DocuSign's stock, suggesting potential upside. This adjustment reflects an analyst's confidence in the company's future performance, which could influence investor sentiment and potentially lead to a short-term increase in stock price.
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