Bottomline Technologies (EPAY) Tops Q3 EPS by 2c

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Bottomline Technologies (EPAY) PT Lowered to $50 at Needham & Company

May 5, 2021 6:25 AM EDT

Needham & Company analyst Mayank Tandon lowered the price target on Bottomline Technologies (NASDAQ: EPAY) to $50.00 (from $58.00) while maintaining a Buy rating.

The analyst commented, "EPAY's posted 3Q results in-line with both our and Street estimates as subscription revenue improved, growing 14.2% Y/Y. Customer... More