Needham analyst Ryan MacDonald raised his price target for Coupa Software to $140 from $120 and maintained a Buy rating following the Coupa Inspire event. In a research note to investors, MacDonald says that based on conversations with a number of customers, prospects and partners, he believes pipeline strength and accelerated growth come from growing recognition by prospective customers of the speed to value of the Coupa Platform and from an evolving suite of solutions that is helping existing customers optimize their spend after the initial go-live.