JMP Securities raised the firm’s price target on DocuSign (DOCU) to $124 from $108 and keeps an Outperform rating on the shares. DocuSign reported better-than-expected Q3 results and better-than-feared guidance, the analyst tells investors in a research note. JMP continues to view DocuSign as an excellent opportunity for long-term capital appreciation.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on DOCU:
- Docusign Reports Strong Q3 Fiscal 2025 Growth
- Closing Bell Movers: Lululemon jumps 9% after beat and raise
- DOCU Earnings: DocuSign Soars 17% after Strong Q3 Results and Outlook
- DocuSign sees FY25 subscription revenue $2.885B-$2.889B
- DocuSign jumps 16% to $97.30 after Q3 results, Q4 guidance top estimates
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
