Manhattan Associates (MANH) has disclosed a new risk, in the Technology category.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Manhattan Associates’ use of generative AI tools exposes the company to a variety of risks that could negatively impact its operations and financial health. The challenges include potential difficulties in protecting proprietary rights due to AI-generated content, hesitancy among customers in regulated industries to adopt AI features, and operational risks tied to the reliance on third-party AI vendors. Additionally, the company faces cybersecurity threats and regulatory compliance issues, as ongoing legal and legislative developments may affect the use of AI technologies. These risks, if not properly managed, could result in significant adverse effects on the company’s business outcomes.
Overall, Wall Street has a Strong Buy consensus rating on MANH stock based on 6 Buys and 2 Holds.
To learn more about Manhattan Associates’ risk factors, click here.
