DOCU Crosses Above Average Analyst Target
August 09, 2018 at 08:23 AM EDT
In recent trading, shares of DocuSign Inc (DOCU) have crossed above the average analyst 12-month target price of $60.57, changing hands for $61.35/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..