Midday Movers: Biogen, Apple, DocuSign and More
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September 30, 2022 8:27 AM EDT
Cowen analyst John Kernan lowered the price target on VF Corp. (NYSE: VFC) to $36.00 (from $50.00) while maintaining a Market Perform rating.
The analyst commented, "Divided yield is now 6% - and while we remain Market Perform, the stock's downside should be contained... More
September 29, 2022 12:52 PM EDT
Wolfe Research cut its price target on shares of DocuSign Inc. (NASDAQ: DOCU) to $44 from $53, reiterating an Underperform rating on Thursday, in reaction to the news that the company authorized a restructuring plan that will reduce the current workforce by approximately 9%.
Analyst Alex Zukin told investors in a research article that the company estimates it will incur charges of approximately $30-$40M in connection with... More
