Manhattan Associates shares are trading higher after the company reported better-than-expected Q2 results and raised its guidance. Multiple analysts raised their price targets on the stock following the report.
Portfolio Pulse from Benzinga Newsdesk
Manhattan Associates reported better-than-expected Q2 results and raised its guidance, leading to a rise in its share price. Several analysts have subsequently increased their price targets for the stock.
August 11, 2023 | 2:51 pm
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Manhattan Associates' Q2 results exceeded expectations and the company raised its guidance, causing its stock price to increase. Analysts have raised their price targets in response.
Manhattan Associates' better-than-expected Q2 results and raised guidance are positive indicators of the company's performance and future prospects. This has led to an increase in its stock price and analysts raising their price targets, indicating a positive short-term impact on the stock.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100