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Fly News Breaks for August 10, 2018
EPAY
Aug 10, 2018 | 09:22 EDT
Needham analyst Mayank Tandon raised his price target on Bottomline Technologies to $66 and kept his Buy rating after its Q4 earnings beat. The analyst cites the company's "robust growth in subscription & transaction revenue and margin expansion", adding that its guidance also appears conservative based on its "robust" bookings trends, positive industry trends of bank spending on digital solutions, and strong competitive position.
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