Analysts have been eager to weigh in on the Technology sector with new ratings on Salesforce (CRM – Research Report) and DocuSign (DOCU – Research Report).
Salesforce (CRM)
In a report released today, Arjun Bhatia from William Blair maintained a Buy rating on Salesforce. The company’s shares closed last Friday at $294.32.
According to TipRanks.com, Bhatia is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Salesforce with a $338.06 average price target, implying a 13.9% upside from current levels. In a report released today, JMP Securities also maintained a Buy rating on the stock with a $342.00 price target.
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DocuSign (DOCU)
In a report released today, Jake Roberge from William Blair maintained a Hold rating on DocuSign. The company’s shares closed last Friday at $58.90.
According to TipRanks.com, Roberge is a 2-star analyst with an average return of
Currently, the analyst consensus on DocuSign is a Hold with an average price target of $66.77, which is an 11.2% upside from current levels. In a report issued on April 12, UBS also upgraded the stock to Hold with a $62.00 price target.
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