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Fly News Breaks for January 29, 2018
COUP
Jan 29, 2018 | 17:41 EDT
Morgan Stanley analyst Stan Zlotsky raised his price target on Coupa Software to $42, saying the company's "expanding addressable market opportunity, favorable competitive position and inherent operating leverage" give him greater confidence in its long runway of sustainable growth and a clear path to profitability. Zlotsky keeps his Equal Weight rating however, noting that there is limited upside for the stock price from the current levels given the valuation.
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