DA Davidson analyst Rishi Jaluria raised his price target on DocuSign (DOCU) to $79 and kept his Buy rating after hosting a meeting with its management. The analyst notes the discussions indicated that the company's early Contract Lifecycle Management sales traction is "solid" and should become a larger part of its business. Jaluria adds that while Adobe (ADBE) remains the company's primary competitor, its competitive pressure is "smaller" and growing slower. The analyst further states that DocuSign's international opportunity outside of the English-speaking G20 remains early but is still compelling.