Truist Securities Maintains Buy on Manhattan Associates, Raises Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Terry Tillman has maintained a 'Buy' rating on Manhattan Associates (NASDAQ:MANH) and raised the price target from $210 to $230.

July 26, 2023 | 6:56 pm
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POSITIVE IMPACT
The 'Buy' rating maintained by Truist Securities and the raised price target could potentially lead to an increase in the stock price of Manhattan Associates in the short term.
Analyst ratings and price targets can significantly influence investor sentiment. The maintained 'Buy' rating indicates that the analyst believes the stock will outperform the market, which could attract more investors. Additionally, the raised price target suggests that the analyst sees further upside potential, which could also boost investor sentiment and lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100