Docusign stock price target raised to $60 by Wells Fargo on IAM growth
Investing.com
Wells Fargo has increased its price target for Docusign Inc. (NASDAQ:DOCU) to $60 from $55, maintaining an "Equal Weight" rating, driven by growth in Intelligent Agreement Management (IAM) and strong Q2 revenue performance. Despite the upgrade, the stock trades higher at $65.97, and InvestingPro analysis suggests it remains undervalued. DocuSign's Q2 2027 adjusted EPS and revenue also surpassed Wall Street expectations, leading Evercore ISI and Citizens to reiterate positive ratings.
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