Loop Capital raised the firm’s price target on Manhattan Associates to $245 from $230 and keeps a Buy rating on the shares. The analyst states that the firm’s recent meetings with the company management highlighted its investment in product innovation and had a positive tone toward the business, with increasing momentum, and leading best-in-class products in markets that are undergoing meaningful upgrade cycles.
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Read More on MANH:
- Manhattan Associates CLO Richards sells 4,535 common shares
- Manhattan Associates management to meet virtually with Loop Capital
- Loop Capital retail analysts to hold an analyst/industry conference call
- Loop Capital retail/hardlines analysts hold an analyst/industry conference call
- Manhattan Associates price target raised to $200 from $196 at Rosenblatt
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