Baird raised the firm’s price target on DocuSign to $65 from $50 and keeps a Neutral rating on the shares. The firm noted they reported solid FQ4 results, with better revenue, profitability and cash flow. Initial F25 revenue and profitability guidance also topped prior forecasts.
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Read More on DOCU:
- DocuSign Stock (NASDAQ:DOCU): All Signs Point to More Upside This Year
- DocuSign price target raised to $59 from $50 at RBC Capital
- DocuSign price target raised to $65 from $56 at Wedbush
- DocuSign price target raised to $65 from $55 at Piper Sandler
- DocuSign price target raised to $48 from $45 at Wells Fargo
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