Zacks Investment Research cut shares of Temenos (OTCMKTS:TMNSF) from a strong-buy rating to a hold rating in a research report sent to investors on Wednesday morning, Zacks.com reports.

According to Zacks, “Temenos Group AG provides software for bank and financial institutions. It operates primarily in Europe, North America, Asia and the Middle East. Temenos Group AG is headquartered in Geneva, Switzerland. “

OTCMKTS:TMNSF opened at $180.13 on Wednesday. Temenos has a 1 year low of $111.00 and a 1 year high of $182.50.

Temenos Company Profile

Temenos AG, together with its subsidiaries, develops, markets, and sells integrated banking software systems primarily to banking and other financial services institutions worldwide. The company provides core banking platform for financial institutions; analytics solutions; Front Office, an integrated, role-specific, and multi-channel solution that supports banks daily interactions and long term relationships with their retail, corporate, mass affluent, and HNW customers; and breaking channels solutions, which enables its clients to deliver products and services for various business line through self-service and assisted channels for bank staff and customers.

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