In-Depth Examination Of 9 Analyst Recommendations For DocuSign
Portfolio Pulse from Benzinga Insights
In the past three months, 9 analysts have shared their insights on DocuSign (NASDAQ:DOCU), with opinions ranging from bullish to bearish. The average 12-month price target is $69.67, down 6.56% from the previous average of $74.56. Recent analyst actions include several downgrades and lowered price targets.
August 16, 2024 | 12:00 pm
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NEGATIVE IMPACT
Analysts have mixed views on DocuSign, with a recent average 12-month price target of $69.67, down 6.56% from the previous average. Several analysts have downgraded their ratings and lowered their price targets.
The decrease in the average price target and multiple downgrades indicate a cautious outlook from analysts, which is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100