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KeyBanc Thinks Coupa Software’s Stock is Going to Recover

KeyBanc analyst Josh Beck maintained a Buy rating on Coupa Software (COUPResearch Report) today and set a price target of $75.00. The company’s shares closed last Wednesday at $61.38, close to its 52-week low of $50.54.

According to TipRanks.com, Beck is a 5-star analyst with an average return of 16.6% and a 57.1% success rate. Beck covers the Technology sector, focusing on stocks such as BigCommerce Holdings, AvidXchange Holdings, and Robinhood Markets.

Coupa Software has an analyst consensus of Hold, with a price target consensus of $85.94.

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Coupa Software’s market cap is currently $4.64B and has a P/E ratio of -12.67.

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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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