Cloud Transition And Revenue GrowthManhattan has organically developed a cloud native portfolio to address key issues across supply chain execution, planning and management, with the full transition to cloud representing +$3B in revenue in the existing base alone.
Earnings And Financial PerformanceThe analyst is upgrading shares to Outperform, implying at least a high-teens annualized return over the next several years.
Succession PlanningThe company conducted a thorough search over more than two years to find a logical successor to retiring CEO Eddie Capel, setting the business up for sustained momentum as it continues to push forward its cloud model transition.