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Fly News Breaks for September 6, 2017
COUP
Sep 6, 2017 | 07:49 EDT
Cantor Fitzgerald analyst Joseph Foresi says positive billing and cash flow trends highlight a "solid" quarter from Coupa Software. Coupa is growing revenues at a "rapid pace" and has visibility towards profitability over the medium-to-longer term, Foresi tells investors in a post-earnings research note. He raised his price target for the shares to $36 from $35 and maintains an Overweight rating on the name.
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