Coupa Software (COUP) Receives a Hold from Mizuho Securities

Mizuho Securities analyst Siti Panigrahi maintained a Hold rating on Coupa Software (COUPResearch Report) on September 7 and set a price target of $75.00. The company’s shares closed last Friday at $70.19.

Panigrahi covers the Technology sector, focusing on stocks such as Intuit, Coupa Software, and Zoom Video Communications. According to TipRanks, Panigrahi has an average return of -5.4% and a 43.09% success rate on recommended stocks.

In addition to Mizuho Securities, Coupa Software also received a Hold from Barclays’s Raimo Lenschow in a report issued on September 7. However, on the same day, Bank of America Securities reiterated a Buy rating on Coupa Software (NASDAQ: COUP).

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The company has a one-year high of $259.90 and a one-year low of $50.54. Currently, Coupa Software has an average volume of 1.81M.

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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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