Rosenblatt Maintains Neutral on Manhattan Associates, Raises Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Blair Abernethy has maintained a Neutral rating on Manhattan Associates (NASDAQ:MANH) and increased the price target from $215 to $225.
January 31, 2024 | 12:44 pm
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Rosenblatt analyst Blair Abernethy maintains a Neutral rating on Manhattan Associates but raises the price target from $215 to $225.
The increase in price target from $215 to $225 by Rosenblatt suggests a positive outlook on the company's value, despite maintaining a Neutral rating. This could indicate a belief in stable growth or undervaluation at current levels, which may lead to a slight positive investor sentiment in the short term. However, since the rating remains Neutral, the impact is likely to be moderate rather than significant.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100