DA Davidson lowered the firm’s price target on Manhattan Associates (MANH) to $240 from $250 and keeps a Buy rating on the shares. The company reported strong Q4 results, highlighted by better than expected total y/y RPO growth, though the management gave a conservative FY26 guide that implies a reacceleration of total revenue growth from 3% to 6%, the analyst tells investors in a research note. DA Davidson maintains that Manhattan Associates is in an opportune position to monetize its domain expertise in warehouse management.
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Read More on MANH:
- Manhattan Associates: Robust Subscription Growth, Conservative 2026 Outlook, and AI Upside Support Continued Buy Rating
- Manhattan Associates reports Q4 adjusted EPS $1.21, consensus $1.13
- Manhattan Associates sees FY26 adjusted EPS $5.04-$5.20, consensus $5.31
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