** Shares of virtual document signing platform DocuSign DOCU.O rise 1.4% to $84.57
** Brokerage William Blair upgrades DOCU's rating to "outperform"
** William Blair is bullish on the market opportunity ahead for DOCU's Intelligent Agreement Management platform $(IAM.AU)$ and ability of new product cycle to reaccelerate growth
** Says DocuSign is starting to develop an even stickier customer base as it gains more traction with IAM - William Blair
** Usage/utilization for the DOCU's core e-signature business is improving as it increases retention and majority of COVID-era contracts have now rolled off the model - brokerage
** Five of 23 brokerages rate the stock "buy" or higher, 16 "hold" and two "sell"; their median PT is $97.30, according to data compiled by LSEG
** Stock has fallen ~8% YTD, up to Monday's close
(Reporting by Juby Babu in Mexico City)
((Juby.Babu@thomsonreuters.com;))
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。