Price target $6.40
Stop loss $5.60 (below breakout level)
Approaching average analysts price target $159.94 , re rating needed, upgrades possible.
Carries a high short interest of 16.34% who are getting burned, when do the throw in the towel?
Coupa Software, Inc. engages in providing business spend management (BSM) solutions. It offers cloud-based BSM platform that delivers a broad range of capabilities that would typically require the purchase and use of multiple disparate point applications. Its platform consists of procurement, invoicing, expense management and payments modules that form the transactional engine for managing a company's business spend. The company was founded by Noah Eisner and Dave Stephens in 2006 and is headquartered in San Mateo, CA.
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