Analysts Downgrade DocuSign Ratings and Price Targets

Analysts Downgrade DocuSign Ratings and Price Targets
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Analysts downgraded their ratings and price targets for DocuSign Inc. on a softer revenue outlook for Q4 FY21 and FY22.

JPMorgan analyst Sterling Auty downgraded to Underweight from Neutral with a $175 price target, implying a 25.2 percent downside to Thursday’s closing price of $233.82.