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Fly News Breaks for November 3, 2016
EPAY
Nov 3, 2016 | 10:03 EDT
Needham analyst Mayank Tandon notes that Bottomline Technologies reported mixed Q1 results, with revenue below expectations but EPS coming in above consensus. Nonetheless, the analyst reiterates a Buy rating and $28 price target on the shares, saying the underlying fundamentals remain healthy and the operating outlook is stable as the company continues to execute on its strategy.
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