Loop Capital Maintains Buy on Manhattan Associates, Raises Price Target to $205
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Mark Schappel maintains a Buy rating on Manhattan Associates (NASDAQ:MANH) and raises the price target from $190 to $205.
May 24, 2023 | 2:12 pm
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POSITIVE IMPACT
Loop Capital analyst Mark Schappel maintains a Buy rating on Manhattan Associates and raises the price target from $190 to $205.
The news of Loop Capital maintaining a Buy rating and raising the price target for Manhattan Associates (MANH) is positive for the stock. This indicates that the analyst believes the stock has potential for further growth and is likely to perform well in the short term. The increased price target suggests a higher valuation for the company, which could attract more investors and drive the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100