Coupa Software Inc (COUP) Gets a Hold Rating from Morgan Stanley


In a report released today, Stan Zlotsky from Morgan Stanley maintained a Hold rating on Coupa Software Inc (NASDAQ: COUP), with a price target of $62. The company’s shares closed on Friday at $71.71, close to its 52-week high of $72.36.

According to TipRanks.com, Zlotsky is ranked #584 out of 4875 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Coupa Software Inc with a $64.75 average price target.

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The company has a one-year high of $72.36 and a one-year low of $29.37. Currently, Coupa Software Inc has an average volume of 847.5K.

Based on the recent corporate insider activity of 69 insiders, corporate insider sentiment is negative on the stock.

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Coupa Software, Inc. is cloud platform for business spend. It develops software solutions for sourcing; procurement and expense management that help companies control their spending. The company was founded by Noah Eisner and Dave Stephens in 2006 and is headquartered in San Mateo, CA.

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