Docusign rises ahead of qtrly results, due after the bell
DOCU•Shares rise ahead of quarterly results
** Docusign DOCU.O shares rising ~0.7% on Thurs, with the co seen reporting higher rev and EPS in its qtrly results, due after the bell
** Investors may be focused on rev growth and the co's annual forecast
** The e-signature software provider is expected to post an 8% rise in Q2 rev to $867.4 mln from $800.64 mln ; adj EPS seen rising to $1.09 from $0.92 a yr ago, per LSEG
** Stock has slipped nearly 4% YTD, underperforming the Nasdaq's .IXIC more than 14% rise
** This week, BTIG raised its target price on DOCU to $75 from $60
** Median 12-mo PT of 23 analysts is $55; the stock was last at $65.88
** Analyst recommendations on the stock include five "strong buy" or "buy" ratings, 17 "hold" ratings and one "sell" rating, according to LSEG




