Baird Maintains Neutral on DocuSign, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Baird analyst William Power maintains a Neutral rating on DocuSign (NASDAQ:DOCU) but lowers the price target from $65 to $55.
June 07, 2024 | 10:57 am
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Baird analyst William Power has maintained a Neutral rating on DocuSign but has lowered the price target from $65 to $55, indicating a cautious outlook.
The lowered price target from $65 to $55 by Baird suggests a more cautious outlook on DocuSign's future performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100