Barclays analyst Guy Hardwick initiated coverage of Manhattan Associates (MANH) with an Overweight rating and $247 price target Due to its superior product suite, cloud-native platform, and with agentic AI enhancements expected to ramp in Q4, the firm believes the company can expend its market position in the warehouse management systems market. The company is successfully cross-selling into its WMS customer base, gaining share in other products, including transportation management systems and supply-chain planning, the analyst tells investors in a research note.
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