WFH - What's Going On With DocuSign Shares On Friday? | Benzinga
DocuSign, Inc. (NASDAQ:DOCU) shares are trading lower in the premarket session on Friday.
BofA Securities analyst Brad Sills maintains DocuSign with a Neutral and lowers the price target from $72 to $60.
Also, Baird analyst William Power maintains the Neutral and lowers the price target from $65 to $55. Needham analyst Scott Berg reiterates DocuSign with a Hold.
The company reported first-quarter results yesterday. Margins contracted to 78.9% from 79.4% in the year-ago despite a solid 5% growth in billings.
Check This Out: DocuSign Q1 Earnings: Revenue Beat, EPS Beat, $1B Buyback Increase And More
DocuSign exited the quarter ...