DocuSign Reaches Analyst Target Price
February 04, 2020 at 13:19 PM EST
In recent trading, shares of DocuSign Inc (DOCU) have crossed above the average analyst 12-month target price of $79.58, changing hands for $80.63/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..