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Fly News Breaks for March 13, 2018
COUP
Mar 13, 2018 | 04:49 EDT
Barclays analyst Raimo Lenschow raised his price target for Coupa Software to $51 saying the "healthy" Q4 results indicate the company continues to execute well. With the stock up 57% year-to-date, the analyst adds that he's not sure whether the Q4 results will help to drive shares higher in the short-term. However, Lenschow continues to like Coupa's long-term growth story and keeps an Overweight rating on the name.
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