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Fly News Breaks for July 17, 2017
EPAY
Jul 17, 2017 | 09:42 EDT
As previously reported, Raymond James upgraded Bottomline Technologies to Outperform from Market Perform and established a $33 price target. Analyst Wayne Johnson thinks the company is entering a period of high margins and more linear revenue growth and is excited about positive operating leverage from rising sales momentum and contracts that have already been expensed over a fixed cost infrastructure.
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