Zacks Investment Research upgraded shares of BOTTOMLINE TECH (EPAY) from NEUTRAL to OUTPERFORM on February 11, 2013, with a target price of $30.50.
BOTTOMLINE TECH provides software that creates an e-business infrastructure for use by businesses and financial institutions to present invoices, make payments and conduct electronic banking. Their products and services enable organizations to transition from traditional paper-based billing and payment processes to electronic processes to facilitate e-commerce. They also provide technology for banks and companies to access banking applications over the Internet.
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