Analysts’ Top NA Picks: DocuSign Inc (DOCU), Lululemon Athletica Inc (LULU)
By Jason Carr Analysts fell to the sidelines weighing in on DocuSign Inc (DOCU – Research Report) and Lululemon Athletica Inc (LULU – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
DocuSign Inc (DOCU)
Morgan Stanley analyst Stan Zlotsky maintained a Hold rating on DocuSign Inc today and set a price target of $52. The company’s shares closed yesterday at $41.77.
According to TipRanks.com, Zlotsky is a 4-star analyst with an average return of 17.7% and a 64.9% success rate. Zlotsky covers the Technology sector, focusing on stocks such as Coupa Software Inc, Veeva Systems, and SendGrid Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for DocuSign Inc with a $48.50 average price target, implying a 16.1% upside from current levels. In a report released today, Deutsche Bank also maintained a Hold rating on the stock with a $50 price target.
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Lululemon Athletica Inc (LULU)
Morgan Stanley analyst Kimberly Greenberger maintained a Hold rating on Lululemon Athletica Inc today and set a price target of $138. The company’s shares closed yesterday at $131.44.
According to TipRanks.com, Greenberger is a 4-star analyst with an average return of 8.8% and a 57.7% success rate. Greenberger covers the Services sector, focusing on stocks such as Nordstrom Inc, TJX Companies, and Tapestry Inc.
Lululemon Athletica Inc has an analyst consensus of Strong Buy, with a price target consensus of $174.93, which is a 33.1% upside from current levels. In a report released today, Stifel Nicolaus also maintained a Hold rating on the stock with a $151 price target.
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