Barrington Research Reiterates Bottomline Technologies Outperform

Barrington Research reiterated its Bottomline Technologies

Outperform rating in a research report published today. Barrington Research has a $28-$30 price target on the company. In the report, Barrington Research stated, "We believe the Intuit commercial banking business acquisition will be transformational for EPAY, as it will facilitate the transition of its banking platform to the cloud while extending the company's reach into an adjacent market for both smaller financial institutions and small businesses." Shares of Bottomline Technologies closed today at $19.28, up 1.31% from Monday's market close.