William Blair analyst Dylan Becker has maintained their bullish stance on MANH stock, giving a Buy rating on May 22.
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Dylan Becker’s rating is based on several key considerations surrounding Manhattan Associates’ strategic positioning and market opportunities. The company is capitalizing on the increasing complexity of global supply chains by offering a unified supply chain experience that integrates planning and execution. This approach is particularly appealing as businesses seek to streamline operations and improve efficiency in an increasingly interconnected world.
Moreover, the integration of AI solutions into Manhattan Associates’ platform is seen as a significant value driver. These capabilities enhance the company’s end-to-end platform, offering clients advanced tools for supply chain digitization. Additionally, there has been a noticeable stabilization and acceleration in customer decision-making, suggesting a growing commitment to digital transformation initiatives, which further supports the positive outlook for Manhattan Associates.
Becker covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Manhattan Associates, and Sapiens. According to TipRanks, Becker has an average return of 12.6% and a 64.92% success rate on recommended stocks.
In another report released on May 22, Truist Financial also reiterated a Buy rating on the stock with a $210.00 price target.
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