Wells Fargo analyst Michael Turrin raised the firm’s price target on DocuSign (DOCU) to $85 from $80 and keeps an Equal Weight rating on the shares. Post Q1 reset, DocuSign’s Q2 provided a billings rebound and commentary on improving trends, the firm says. Wells remains on the sidelines and evaluates durability of changes as tougher second half of the year approaches.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DOCU:
- DocuSign’s Hold Rating: Balancing Improved Billings with Growth Concerns
- DocuSign’s Strong Q2 Performance and Strategic AI Initiatives Justify Buy Rating
- DocuSign’s Optimistic Yet Cautious Outlook: Awaiting Sustained Growth for a Rating Upgrade
- DocuSign’s Market Position Stable but Valuation Concerns Persist: Analyst Maintains Hold Rating
- Docusign Reports Strong Q2 2026 Financial Results