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Manhattan Associates price target raised to $306 from $287 at Citi

Manhattan Associates price target raised to $306 from $287 at Citi

Citi analyst George Kurosawa raised the firm’s price target on Manhattan Associates (MANH) to $306 from $287 and keeps a Neutral rating on the shares. The firm updated application software estimates post the Q3 reports. Forward looking metrics are largely trending positive for the group with 2025 consensus estimates “appearing achievable,” the analyst tells investors in a research note. Citi is “warming to the group” on potential 2025 tailwinds.

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