Analysts Offer Insights on Technology Companies: Coupa Software (NASDAQ: COUP) and Cloudera (NYSE: CLDR)

Analysts fell to the sidelines weighing in on Coupa Software (COUPResearch Report) and Cloudera (CLDRResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Coupa Software (COUP)

Morgan Stanley analyst Stan Zlotsky reiterated a Hold rating on Coupa Software today and set a price target of $151.00. The company’s shares closed last Monday at $148.94, close to its 52-week high of $159.97.

According to TipRanks.com, Zlotsky is a 5-star analyst with an average return of 26.0% and a 70.0% success rate. Zlotsky covers the Technology sector, focusing on stocks such as Veeva Systems, Salesforce, and DocuSign.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Coupa Software with a $160.26 average price target, representing a 4.2% upside. In a report released today, Northland Securities also assigned a Hold rating to the stock with a $165.00 price target.

See today’s analyst top recommended stocks >>

Cloudera (CLDR)

In a report released today, Sanjit Singh from Morgan Stanley reiterated a Hold rating on Cloudera, with a price target of $11.00. The company’s shares closed last Monday at $9.78.

According to TipRanks.com, Singh is a 2-star analyst with an average return of 1.0% and a 47.7% success rate. Singh covers the Technology sector, focusing on stocks such as Nuance Communications, New Relic, and PagerDuty.

Currently, the analyst consensus on Cloudera is a Moderate Buy with an average price target of $9.94, representing a 0.2% upside. In a report issued on November 29, Monness also maintained a Hold rating on the stock.

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