Citigroup Maintains Buy on DocuSign, Raises Price Target to $87
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Tyler Radke maintains a Buy rating on DocuSign and raises the price target from $86 to $87.
September 06, 2024 | 6:36 pm
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POSITIVE IMPACT
Citigroup analyst Tyler Radke has reaffirmed a Buy rating on DocuSign and slightly increased the price target from $86 to $87, indicating a positive outlook.
The reaffirmation of a Buy rating and a slight increase in the price target by a major financial institution like Citigroup suggests confidence in DocuSign's future performance. This is likely to have a positive short-term impact on the stock price as investors may view this as a sign of strength and potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100