Some analysts are losing faith in DocuSign after the e-signature company posted disappointing quarterly results that showed signs of a slowdown in its business. Shares of DocuSign benefitted during the pandemic as more consumers shifted to online transactions but have fallen nearly 43% since the start of the year. Evercore ISI’s Kirk Materne downgraded the stock to in line from outperform, saying in a note to clients that he sees a better…
in Tech
DocuSign gets 3 downgrades as analysts grow worried about e-signature company’s business
