BMO Capital Sticks to Their Hold Rating for Coupa Software (COUP)

BMO Capital analyst Daniel Jester maintained a Hold rating on Coupa Software (COUPResearch Report) today and set a price target of $72.00. The company’s shares closed yesterday at $55.82.

Jester covers the Technology sector, focusing on stocks such as Avalara, Vertex, and Intuit. According to TipRanks, Jester has an average return of 10.0% and a 50.00% success rate on recommended stocks.

In addition to BMO Capital, Coupa Software also received a Hold from JMP Securities’s Patrick Walravens in a report issued today. However, on the same day, J.P. Morgan maintained a Sell rating on Coupa Software (NASDAQ: COUP).

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COUP market cap is currently $4.22B and has a P/E ratio of -12.15.

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Founded in 2006 and based in California, Coupa Software, Inc. provides a cloud-based business spending management platform. The company’s platform consists of procurement, invoicing, expense management, and payment modules.

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