Temenos (OTCMKTS:TMSNY) Price Target Raised to CHF 79 at JPMorgan Chase & Co.

Temenos (OTCMKTS:TMSNYGet Rating) had its price objective raised by JPMorgan Chase & Co. from CHF 70 to CHF 79 in a research report released on Tuesday morning, The Fly reports. The brokerage currently has an overweight rating on the stock.

A number of other brokerages have also weighed in on TMSNY. Barclays increased their price objective on Temenos from CHF 52 to CHF 56 and gave the company an equal weight rating in a report on Monday, November 21st. Kepler Capital Markets lowered Temenos from a buy rating to a hold rating and set a CHF 58 price objective on the stock. in a report on Friday, October 14th. Jefferies Financial Group cut their price objective on Temenos from CHF 74 to CHF 55 in a report on Friday, October 14th. Deutsche Bank Aktiengesellschaft dropped their target price on Temenos from CHF 80 to CHF 55 in a report on Wednesday, October 26th. Finally, Credit Suisse Group dropped their target price on Temenos from CHF 46.50 to CHF 43 in a report on Monday, October 24th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Temenos presently has a consensus rating of Hold and a consensus target price of $65.30.

Temenos Price Performance

Shares of TMSNY stock opened at $68.24 on Tuesday. The stock’s 50-day simple moving average is $59.44 and its 200-day simple moving average is $68.57. Temenos has a fifty-two week low of $52.10 and a fifty-two week high of $168.58.

Temenos Company Profile

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Temenos AG develops, markets, and sells integrated banking software systems to banking and other financial institutions worldwide. The company provides Temenos Transact, a banking solution that offers banking software, and data and analytics; and Temenos Payments, a payment solution that gives banks real-time control, customer service experience, and cost efficiencies and risk management solutions.

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Analyst Recommendations for Temenos (OTCMKTS:TMSNY)

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