Raymond James analyst Wayne Johnson recommends investors buy Bottomline Technologies aggressively on weakness related to a bookings slowdown. Johnson views the selloff as a "massive overreaction" as it is just one quarter and bookings tend to be "lumpy." Further, if bookings were to remain at Q1 levels for the full year, it would only amount to a 2-3% headwind to next year's revenue growth and no way jeopardizes 15-20% subscription and transaction revenue growth, the analyst wrote in a note to investors. Johnson rates Bottomline Technologies an Outperform.