Raymond James Keeps Their Buy Rating on Coupa Software Inc


In a report released today, Brian Peterson from Raymond James maintained a Buy rating on Coupa Software Inc (NASDAQ: COUP), with a price target of $60. The company’s shares opened today at $57, close to its 52-week high of $60.33.

According to TipRanks.com, Peterson is a top 100 analyst with an average return of 40.3% and a 89.3% success rate. Peterson covers the Technology sector, focusing on stocks such as Upland Software, Salesforce.com, and Everbridge Inc.

Currently, the analyst consensus on Coupa Software Inc is Moderate Buy and the average price target is $58, representing a 1.8% upside.

In a report issued on May 31, Oppenheimer also assigned a Buy rating to the stock with a $62 price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $60.33 and a one-year low of $28.52. Currently, Coupa Software Inc has an average volume of 714.7K.

Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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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