U.S. stocks closed higher on Friday, with the Nasdaq Composite jumping more than 200 points. Here is the list of some big stocks recording gains in the previous session.
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DocuSign Inc.’s (NASDAQ: DOCU) stock has limited downside as the negative catalysts have already played out, according to Wedbush.
The Analyst: Daniel Ives upgraded the rating for DocuSign from Underperform to Neutral, while maintaining the price target at $55.
Over the past 3 months, 10 analysts have published their opinion on DocuSign (NASDAQ:DOCU) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.
DocuSign, Inc (NASDAQ:DOCU) announced a Board-approved reduction-in-force of roughly 9% of its workforce yesterday. Needham analyst Scott Berg reiterated a Hold on…