SunTrust analyst Terry Tillman raised his price target on Coupa Software to $56 after the company's Q4 earnings showed upside in revenue, billings, margins, and cash flow. Tillman also points to the management's commentary on new products and analytics serving as "drivers of more and larger deals as well as growing partner traction". The analyst keeps his Buy rating on Coupa Software and believes that the initial revenue guidance calling for 22% growth in FY19 is "very conservatively set", given the considerable upside to billings growth for the next two years.