Coupa Software’s Shares Gained 35% on Potential Vista Acquisition News
<p>RBC Capital provided their thoughts on a potential acquisition of <a href='https://financialmodelingprep.com/financial-summary/COUP'>Coupa Software Incorporated (NASDAQ:COUP)</a> by Vista.</p>
<p>Since the release of an unsubstantiated Bloomberg article that private equity firm Vista Equity Partners is exploring a potential deal to acquire Coupa, the company’s shares gained more than 35%.</p>
<p>The analysts have long discussed the company as a potential private equity takeout, especially given the two sizable back office takeout deals earlier in the year (Thoma- Anaplan and Vista-Avalara) coupled with Coupa's now more reasonable valuation. They maintained their Underperform rating and $55 price target on the company following the Bloomberg report.</p>

NASDAQ:COUP