Stifel analyst J. Parker Lane lowered the firm’s price target on Manhattan Associates (MANH) to $200 from $225 and keeps a Buy rating on the shares. Despite “a clean 1Q” and flowing through the top-line beat in its 2026 outlook, the firm is reducing its target on multiple compression.
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Read More on MANH:
- Closing Bell Movers: Capital One, Interactive Brokers slip after results
- Manhattan Associates up 10% at $148.50 after Q1 earnings beat and guidance raise
- Manhattan Associates reports Q1 adjusted EPS $1.24, consensus $1.11
- Manhattan Associates raises FY26 EPS view to $5.29-$5.37 from $5.04-$5.20
- MANH Upcoming Earnings Report: What to Expect?