Wells Fargo Maintains Underweight on DocuSign, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Turrin maintains an Underweight rating on DocuSign (NASDAQ:DOCU) but raises the price target from $48 to $50.
September 06, 2024 | 1:05 pm
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Wells Fargo analyst Michael Turrin maintains an Underweight rating on DocuSign but raises the price target from $48 to $50, indicating a slightly more positive outlook.
The Underweight rating suggests a cautious stance on DocuSign's stock, but the raised price target from $48 to $50 indicates a slightly improved outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100