Information Provided By: 
Fly News Breaks for March 13, 2018
COUP
Mar 13, 2018 | 06:21 EDT
Loop Capital analyst Joseph Vafi raised his price target on Coupa Software to $48 after the company's "good financial performance" in Q4 driven by the "solid uptake" from its software in the procurement management market. Vafi notes that Q4 subscription revenue accelerated 9% while billings for 2017 overall rose 40%, giving the company momentum into 2018. The analyst keeps his Hold rating on Coupa Software, adding that while the progress in its operating model is encouraging, the valuation on the stock is in line with the peer group.
News For COUP From the Last 2 Days
There are no results for your query COUP
