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Fly News Breaks for December 2, 2019
CRM, DOCU
Dec 2, 2019 | 08:55 EDT
RBC Capital analyst Alex Zukin raised his price target on DocuSign (DOCU) to $93 and kept his Outperform rating ahead of its Q3 results, saying his conversations with partners and management along with his analysis of financials suggest that the quarter should be "solid". The analyst sees the company benefiting from continued favorable trends seen in Q2, as its SpringCM product is performing ahead of expectations. Zukin adds that DocuSign is expanding relationships with ISV partners such as Salesforce (CRM).
News For DOCU;CRM From the Last 2 Days
