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Fly News Breaks for October 2, 2019
DOCU
Oct 2, 2019 | 08:02 EDT
RBC Capital analyst Alex Zukin raised his price target on DocuSign to $80 and kept his Outperform rating after hosting meetings with its CFO Mike Sheridan. The analyst notes that after a "strong" Q2 reported last month, the discussion contained "good news" around the company's business fundamentals, demand, growth, and competition, giving him greater confidence in DocuSign's ability to top expectations over the short and long term.
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