Citi upgraded Manhattan Associates (MANH) to Buy from Neutral with a price target of $208, up from $200. The firm sees the company benefitting from a renewal cycle in 2026 and 2027 for the cloud customers it landed in 2020 through 2022. Manhattan Associates faces a “low bar” for bookings, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MANH:
- Manhattan Associates appoints Katie Foote as chief marketing officer
- Manhattan Associates price target lowered to $237 from $239 at Barclays
- Manhattan Associates announces commercial availability of three new AI agents
- Manhattan Associates price target lowered to $165 from $200 at Morgan Stanley
- Manhattan Associates price target raised to $240 from $230 at Truist