Why DocuSign Stock Popped Today
Shares of DocuSign (NASDAQ: DOCU) rose on Thursday following an analyst upgrade. As of 2:30 p.m. EST, the digital-agreement technology company's stock price was up more than 6%.
Piper Sandler analyst Rob Owens raised his rating on DocuSign's stock from neutral to overweight and boosted his price projection from $225 to $300. His new estimate suggests investors could be in store for gains of approximately 26% from the stock's current price near $238.
DocuSign's stock has plenty of upside ahead, according to Piper Sandler analyst Rob Owens. Image source: Getty Images.
Source Fool.com


