2020-06-09 06:49:40 COUP Coupa Software
06/09/20 06/0906:49 06/09/2006:49 | Coupa Software price target lowered to $180 from $200 at MizuhoMizuho analyst Siti Panigrahi lowered the firm's price target on Coupa Software to $180 from $200 and keeps a Neutral rating on the shares. Although Coupa beat fiscal Q1 revenue by $7.4M and guided Q2 $1M above consensus, it raised fiscal 2021 revenue guidance by only $1M given the challenging environment, Panigrahi tells investors in a research note. The analyst expects the company to face headwinds in billings growth near term. |
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