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Fly News Breaks for February 2, 2018
EPAY
Feb 2, 2018 | 09:29 EDT
Needham analyst Mayank Tandon raised his price target on Bottomline Technologies to $45 and kept his Buy rating after a Q2 beat on earnings, revenue, and EBITDA. The analyst says the quarter was highlighted by solid growth in subscription and transaction revenue along with margin expansion, adding that the company's competitive strengths on the corporate banking side position it well to execute over medium to long-term.
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