Analysts fell to the sidelines weighing in on Coupa Software (COUP – Research Report) and Cloudera (CLDR – Research 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.
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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