Morgan Stanley raised the firm’s price target on DocuSign (DOCU) to $90 from $86 and keeps an Equal Weight rating on the shares. Following a billings beat, the firm is bringing up its topline and operating margin forecasts “slightly” in the out years, the analyst tells investors.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DOCU:
- DocuSign’s Stock Surges Amid Strong Earnings and Strategic Growth
- DocuSign’s Earnings Call Highlights Growth and Innovation
- Tesla’s big pay proposal for Musk, Wall Street sours on Lululemon: Morning Buzz
- Video: Broadcom up on mystery AI customer, Lululemon sinks as Street downgrades
- Morning Movers: Broadcom up on earnings, unnamed new AI customer
