2022-05-03 09:45:07 DOCU DocuSign
05/03/22 05/0309:45 05/03/2209:45 | Wedbush downgrades DocuSign Underperform, lowers price target to $60As previously reported, Wedbush analyst Daniel Ives downgraded DocuSign to Underperform from Neutral with a price target of $60, down from $80. The analyst believes the work from home beneficiary could see difficult growth ahead not factored into shares at current prices. While DocuSign remains in a firm position to expand its e-signature platform through broader strategic deals, Ives believes the company's hyper growth story is essentially over. |
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