Raymond James analyst Brian Peterson maintained a Buy rating on Coupa Software (COUP) today. The company’s shares closed last Monday at $247.29.
According to TipRanks.com, Peterson is a top 25 analyst with an average return of 33.5% and a 72.9% success rate. Peterson covers the Technology sector, focusing on stocks such as Duck Creek Technologies, Inc., BigCommerce Holdings, and Manhattan Associates.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Coupa Software with a $295.80 average price target.
See today’s analyst top recommended stocks >>
Based on Coupa Software’s latest earnings release for the quarter ending July 31, the company reported a quarterly revenue of $126 million and GAAP net loss of $43.12 million. In comparison, last year the company earned revenue of $95.14 million and had a GAAP net loss of $19.99 million.
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. engages in providing business spend management (BSM) solutions. It offers cloud-based BSM platform that delivers a broad range of capabilities that would typically require the purchase and use of multiple disparate point applications. Its platform consists of procurement, invoicing, expense management and payments modules that form the transactional engine for managing a company’s business spend. The company was founded by Noah Eisner and Dave Stephens in 2006 and is headquartered in San Mateo, CA.
Read More on COUP:
