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Fly News Breaks for September 4, 2019
COUP
Sep 4, 2019 | 08:38 EDT
Barclays analyst Raimo Lenschow raised his price target for Coupa Software to $139 from $101 saying the company's "success story" will likely continue after its "impressive" Q2 results. Coupa is getting help from recent acquisitions, but even adjusting for this growth remains strong, contends the analyst. However, he keeps an Equal Weight rating on the shares, noting the company remains the most expensive stock in his coverage.
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