Docusign Incorporated (NASDAQ:DOCU) is one of the 12 oversold software stocks to invest in. On February 13, Stephen Bersey from HSBC reiterated his Hold rating on Docusign Incorporated (NASDAQ:DOCU). In the process, the analyst lowered the target price from $77 to $53. racorn/Shutterstock.com Bersey attributed his downward revision to meager growth prospects and a lower expected valuation multiple for the company. Following the adjustment, his estimate leads to a revised upside potential of more than 1 ...

Group 1 - DocuSign Inc (NASDAQ:DOCU) is considered one of the best large-cap stocks under $100, with a significant upside potential of almost 40% based on a median 1-year price target of $80.23 from analysts [1] - The stock has received coverage from 16 analysts, with 3 Buy ratings and 13 Hold calls, indicating a generally positive outlook without any Sell ratings [1] - Citizens analyst Patrick Walravens has set a price target of $124.00 for DocuSign, suggesting an upside of nearly 116%, driven by strong fundamental factors and a large customer base of 1.7 million [2] Group 2 - DocuSign's electronic signature solutions have transformed agreement workflows globally, reducing documentation processing time through digitization and automation [4] - The company also provides contract lifecycle management services and AI-enabled analytics, enhancing its service offerings to users worldwide [4] - The Identity and Access Management (IAM) product cycle is viewed as a compelling long-term opportunity, with approximately 150 million opted-in customer agreements expected to drive subscription revenue growth [3]