Loop Capital raised the firm’s price target on Manhattan Associates to $285 from $265 and keeps a Buy rating on the shares. The firm cites its data points from all parts of the supply chain software ecosystem, which suggest that the September quarter’s results should be sufficiently good and upbeat such that the company should post its typical revenue and EPS upside, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MANH:
- Manhattan Associates reports Q2 adjusted EPS $1.18, consensus $1.06
- Manhattan Associates price target raised to $285 from $260 at DA Davidson
- Manhattan Associates price target raised to $265 from $250 at Loop Capital
- Manhattan Associates price target raised to $261 from $251 at Baird
- Manhattan Associates raises FY24 EPS view to $4.22-$4.30, consensus $3.91