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Fly News Breaks for August 15, 2019
DOCU
Aug 15, 2019 | 20:29 EDT
DA Davidson analyst Rishi Jaluria initiated DocuSign with a Buy rating and a price target of $52, citing the company's "market leadership position, platform potential, rapid growth, and attractive customer base." The analyst believes that the company is still evolving in its platform's ability to cover all parts of the agreement process, including preparing, signing, and managing agreements, and contends that the value proposition offered by DocuSign is "critical" for business purposes.
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