Bill.com price target lowered to $100 from $105 at Mizuho

Mizuho analyst Siti Panigrahi lowered the firm’s price target on Bill.com to $100 from $105 and keeps a Neutral rating on the shares. The company’s Q2 results disappointed investors, missing payment volume and net customer adds expectations, the analyst tells investors in a research note. The firm sees near- and medium-term challenges for Bill.com.