B of A Securities Maintains Neutral on DocuSign, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on DocuSign (NASDAQ:DOCU) but has lowered the price target from $72 to $60.
June 07, 2024 | 11:04 am
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NEGATIVE IMPACT
B of A Securities has maintained a Neutral rating on DocuSign but has lowered the price target from $72 to $60, indicating a cautious outlook.
The lowered price target from $72 to $60 by B of A Securities suggests a less optimistic view on DocuSign's future performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100