Needham is restarting coverage of Bottomline Technologies (EPAY) at Buy, with a $25 PT. Needham...

|About: Bottomline Technologies, Inc. (EPAY)|By:, SA News Editor

Needham is restarting coverage of Bottomline Technologies (EPAY) at Buy, with a $25 PT. Needham thinks Bottomline's payment processing software puts it "at the heart of the shift" from paper-based to electronic business payments, and is bullish both on its new cash management product, and its recent acquisition of rival Allegient Systems.