DocuSign price target raised to $70 from $50 at Wells Fargo
Wells Fargo analyst Michael Turrin raised the firm’s price target on DocuSign (DOCU) to $70 from $50 and keeps an Underweight rating on the shares. DocuSign delivered clean results, with stronger-than-expected billings upside as renewals continue to stabilize and volumes improve, the analyst tells investors in a research note.
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 price target raised to $90 from $60 at Piper Sandler
- DocuSign price target raised to $100 from $60 at Evercore ISI
- DocuSign price target raised to $100 from $59 at Baird
- DocuSign price target raised to $97 from $62 at Morgan Stanley
- DocuSign price target raised to $115 from $95 at Jefferies
TipRanks is the most comprehensive data set of sell side analysts and hedge fund managers. TipRanks' multi-award winning platform ranks financial experts based on measured performance and the accuracy of their predictions so investors know who to trust when making investment decisions.