Market Overview

Why Coupa Software's Stock Is Trading Higher Today

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Coupa Software (NASDAQ: COUP) shares are trading higher on Monday after Morgan Stanley maintained an Overweight rating on the stock and raised its price target from $272 to $330.

Coupa Software is a cloud-based, business spending management platform that provides companies with more control and visibility into how they spend money. Since it was founded in 2006, Coupa has connected buyers with suppliers and helped buyers save money by improving procurement, expense management, and invoice processing.

The company is headquartered in San Mateo, California, and went public in October 2016.

Coupa Software shares were trading up 5.15% at $260.97 on Monday. The stock has a 52-week high of $253.55 and a 52-week low of $99.01.

Latest Ratings for COUP

DateFirmActionFromTo
Oct 2020Deutsche BankInitiates Coverage OnBuy
Oct 2020BTIGAssumesNeutral
Sep 2020Morgan StanleyMaintainsOverweight

View More Analyst Ratings for COUP
View the Latest Analyst Ratings

 

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Posted-In: why it's movingPrice Target Analyst Ratings

Latest Ratings

StockFirmActionPT
TRNOBerenbergInitiates Coverage On70.0
SRPTUBSInitiates Coverage On212.0
REXRBerenbergInitiates Coverage On56.0
PLYMBerenbergInitiates Coverage On15.0
PTCTUBSInitiates Coverage On55.0
View the Latest Analytics Ratings
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