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Why DocuSign Stock Popped Today

TheMotleyFool

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Shares of the electronic signature company DocuSign (NASDAQ: DOCU) rose today after a price target increase from an analyst.

The tech company's stock rose by as much as 5.8% on Friday and was up 5% as of 2:13 p.m. EDT.

DocuSign investors were responding to a note that Wedbush analyst Daniel Ives published today, in which Ives raised the company's price target from $260 to $290.

Source Fool.com

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