Citi raised the firm’s price target on DocuSign to $93 from $90 and keeps a Buy rating on the shares. After an uncertain few months, which included an evaluation of a sale process, DocuSign delivered a “very solid beat/raise” quarter, showing further signs of stabilizing growth trends and improving profitability, the analyst tells investors in a research note.
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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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