Morgan Stanley Keeps a Hold Rating on Coupa Software Inc (COUP)


Morgan Stanley analyst Stan Zlotsky maintained a Hold rating on Coupa Software Inc (COUP) today and set a price target of $76. The company’s shares closed yesterday at $91.09, close to its 52-week high of $99.64.

According to TipRanks.com, Zlotsky is a 5-star analyst with an average return of 25.0% and a 71.4% success rate. Zlotsky covers the Technology sector, focusing on stocks such as Veeva Systems, DocuSign Inc, and Workiva Inc.

Currently, the analyst consensus on Coupa Software Inc is a Strong Buy with an average price target of $92.60.

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The company has a one-year high of $99.64 and a one-year low of $43.89. Currently, Coupa Software Inc has an average volume of 1.27M.

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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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