Analysts have been eager to weigh in on the Technology sector with new ratings on Cisco Systems (CSCO – Research Report) and DocuSign (DOCU – Research Report).
Cisco Systems (CSCO)
In a report released today, Mike Ng from Goldman Sachs maintained a Hold rating on Cisco Systems. The company’s shares closed last Thursday at $49.53.
According to TipRanks.com, Ng is a 4-star analyst with an average return of
Currently, the analyst consensus on Cisco Systems is a Hold with an average price target of $53.40, which is an 8.3% upside from current levels. In a report issued on April 9, Deutsche Bank also maintained a Hold rating on the stock with a $52.00 price target.
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DocuSign (DOCU)
Jefferies analyst Brent Thill maintained a Buy rating on DocuSign today and set a price target of $80.00. The company’s shares closed last Thursday at $59.48.
According to TipRanks.com, Thill is a 1-star analyst with an average return of
Currently, the analyst consensus on DocuSign is a Hold with an average price target of $65.69.
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