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Analysts Offer Insights on Technology Companies: Guidewire (GWRE) and Coupa Software (COUP)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Guidewire (GWREResearch Report) and Coupa Software (COUPResearch Report).

Guidewire (GWRE)

In a report released today, Mayank Tandon from Needham maintained a Hold rating on Guidewire. The company’s shares closed last Tuesday at $67.19, close to its 52-week low of $66.75.

According to TipRanks.com, Tandon is a 5-star analyst with an average return of 8.6% and a 46.0% success rate. Tandon covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, Duck Creek Technologies, and Grid Dynamics Holdings.

Currently, the analyst consensus on Guidewire is a Moderate Buy with an average price target of $97.00.

See the top stocks recommended by analysts >>

Coupa Software (COUP)

Needham analyst Ryan MacDonald maintained a Buy rating on Coupa Software today and set a price target of $90.00. The company’s shares closed last Tuesday at $55.82, close to its 52-week low of $50.54.

According to TipRanks.com, MacDonald is a 5-star analyst with an average return of 12.0% and a 48.4% success rate. MacDonald covers the Technology sector, focusing on stocks such as Definitive Healthcare Corp, Zeta Global Holdings Corp, and Momentive Global.

Currently, the analyst consensus on Coupa Software is a Hold with an average price target of $76.43, which is a 34.0% upside from current levels. In a report issued on September 1, Citigroup also initiated coverage with a Buy rating on the stock with a $77.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on GWRE:

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