Deutsche Bank Aktiengesellschaft Lowers Temenos (OTCMKTS:TMSNY) Price Target to CHF 100

Temenos (OTCMKTS:TMSNYGet Rating) had its target price trimmed by Deutsche Bank Aktiengesellschaft from CHF 110 to CHF 100 in a research note published on Monday, The Fly reports.

TMSNY has been the topic of a number of other research reports. Morgan Stanley dropped their target price on Temenos from CHF 111 to CHF 95 in a report on Monday, March 28th. Credit Suisse Group lowered Temenos from a neutral rating to an underperform rating in a report on Thursday, March 31st. Finally, JPMorgan Chase & Co. dropped their target price on Temenos from CHF 165 to CHF 135 and set an overweight rating on the stock in a report on Thursday, February 17th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of Hold and an average target price of $113.81.

OTCMKTS:TMSNY opened at $93.47 on Monday. The stock’s 50 day simple moving average is $100.41 and its 200-day simple moving average is $123.34. Temenos has a 12-month low of $81.96 and a 12-month high of $170.18.

Temenos Company Profile (Get Rating)

Temenos AG is a holding company, which engages in the development, marketing, and sale of banking software systems. It operates through the Products and Services segments. The Product segment markets, licenses, and provides software solutions and subscription arrangements. The Services segment offers consulting and training activities.

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