BTIG lowered the firm's price target on DocuSign to $60 from $70 and keeps a Buy rating on the shares. Despite averaging quarterly constant currency total revenue beats of $15M through FY26, the company delivered a $6M beat this quarter, and with current subscription billings growth estimated at 4.6% while benefiting from FX and only modestly above the 4.2% growth posted in each of the prior two first-quarter periods, the analyst tells investors in a research note.
