Why DocuSign Stock Popped Today

1 min read

Shares of DocuSign (NASDAQ: DOCU) rose on Thursday following an analyst upgrade. As of 2:30 p.m. EST, the digital-agreement technology company’s stock price was up more than 6%. 

Piper Sandler analyst Rob Owens raised his rating on DocuSign’s stock from neutral to overweight and boosted his price projection from $225 to $300. His new estimate suggests investors could be in store for gains of approximately 26% from the stock’s current price near $238.

DocuSign’s stock has plenty of upside ahead, according to Piper Sandler analyst Rob Owens. Image source: Getty Images.

Continue reading

Leave a Reply

Your email address will not be published.

Previous Story

Investor Urges MGM Resorts to Sell Off Stake in China Operations

Next Story

Why Etsy Stock Surged 301% in 2020

Latest from Blog