Barrington Research Comments on Tier Technologies

Barrington Research provided color on Tier Technologies (NASDAQ:

) in a research report published today. Barrington Research has an Outperform rating and $7-8 price target on Tier Technologies. In the report, Barrington Research said, "TIER's Q4/11 results exceeded our expectations with revenue of $28.5 million and a loss of ($0.21) per share." Later in the report, Barrington Research noted, " We have an OUTPERFORM rating on the shares based on the underlying value of the Electronic Payments Solution business." Barrrington Research shares closed at $3.86 today, down 1.53% from Friday's market close.