Docusign Inc (DOCU) Receives Average Rating of “Buy” from Analysts - Trent Times
Docusign Inc (NASDAQ:DOCU) has been given a consensus rating of “Buy” by the fourteen brokerages that are presently covering the stock, MarketBeat Ratings reports. The average 1 year target price among brokers that have issued a report on the stock in the last year is $61.55. Morgan Stanley upgraded Docusign from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $52.00 to $53.00 in a report on Tuesday, January 15th. In other Docusign news, COO Scott V. Olrich sold 10,000 shares of the stock in a transaction dated Wednesday, May 8th.