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DocuSign price target raised to $93 from $90 at Citi

Citi raised the firm’s price target on DocuSign to $93 from $90 and keeps a Buy rating on the shares. After an uncertain few months, which included an evaluation of a sale process, DocuSign delivered a “very solid beat/raise” quarter, showing further signs of stabilizing growth trends and improving profitability, the analyst tells investors in a research note.

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