DocuSign Inc (NASDAQ:DOCU) shares are sliding Friday morning after several analysts downgraded or lowered price targets on the stock. DocuSign shares were falling after hours Thursday following the company's financial results and weak guidance.
DocuSign said it expects first-quarter revenue to be between $579 million and $583 million versus the $594 million estimate. The company expects full fiscal year 2023 revenue to be between $2.47 billion and $2.482 billion versus the $2.61 billion estimate.
