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.
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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