SunTrust analyst Terry Tillman raised his price target on Coupa Software to $120 and kept his Buy rating after its "strong" Q1 results that included 50% billings growth and better than expected generated free cash flows. The analyst notes that the integration of Exari's contract lifecycle management capabilities could also increase Coupa Software's revenues by $25M in FY21, raising his overall EPS view target for that year by 4c to 32c per share. Tillman further states that he is increasingly confident in the company's ability to sustain its revenue growth rate above 30%.