Baird lowered the firm’s price target on DocuSign (DOCU) to $93 from $100 and keeps a Neutral rating on the shares. The firm updated its model following Q4 results as they are positive on its improving core trends and early IAM indicators.
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Read More on DOCU:
- Morning Movers: DocuSign gains following Q4 earnings
- DocuSign price target raised to $81 from $75 at JPMorgan
- DocuSign price target lowered to $98 from $112 at BofA
- DocuSign price target raised to $115 from $113 at Citi
- DocuSign’s Strong Performance and IAM Momentum Balanced by Revenue Growth Challenges: Analyst Recommends Hold