DocuSign (DOCU) Receives a Hold from RBC Capital
RBC Capital analyst Rishi Jaluria maintained a Hold rating on DocuSign yesterday and set a price target of $55.00. The company’s shares closed yesterday at $47.54.
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Jaluria covers the Technology sector, focusing on stocks such as Guidewire, Intuit, and Microsoft. According to TipRanks, Jaluria has an average return of -6.4% and a 48.20% success rate on recommended stocks.
In addition to RBC Capital, DocuSign also received a Hold from Piper Sandler’s Rob Owens in a report issued today. However, on the same day, William Blair reiterated a Buy rating on DocuSign (NASDAQ: DOCU).
Based on DocuSign’s latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $836.86 million and a net profit of $90.3 million. In comparison, last year the company earned a revenue of $776.25 million and had a net profit of $83.49 million
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- DocuSign price target lowered to $52 from $75 at Piper Sandler
- DocuSign price target lowered to $60 from $75 at Wells Fargo
- DocuSign price target lowered to $86 from $124 at Citizens
- DOCU Earnings: Docusign Stock Finally Gets a Boost after Reporting a Strong Q4 Beat
- DocuSign sees FY27 revenue $3.484B-$3.496B, consensus $3.42B
