Piper Sandler raised the firm’s price target on DocuSign (DOCU) to $90 from $60 and keeps a Neutral rating on the shares after the company beat Q3 expectations. Piper told investors in a research note that while it is encouraged by continued stabilization, the firm awaits further evidence of inflection and clarity on how the new IAM platform motion lends to the broader opportunity, noting it is still very early in the opportunity.
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 $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
- DocuSign price target raised to $113 from $87 at Citi
- DocuSign price target raised to $124 from $108 at JMP Securities
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
