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.
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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