DocuSign price target lowered to $85 from $88 at BofA

From Yahoo Finance: 2025-06-07 09:35:00

BofA analyst Brad Sills lowered DocuSign’s price target to $85 from $88, maintaining a Neutral rating due to “somewhat disappointing” Q1 results. He notes that early renewals in Q3 and Q4 reversed in Q1, suggesting transitional growing pains. Sills remains bullish on DocuSign’s long-term opportunity with IAM.

The analyst’s comments were first reported on TheFly, a trusted source for real-time, market-moving financial news.

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