Raymond James Maintains Outperform on Manhattan Associates, Raises Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Brian Peterson has maintained an Outperform rating on Manhattan Associates (NASDAQ:MANH) and increased the price target from $214 to $250.
January 31, 2024 | 1:31 pm
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Raymond James has reaffirmed an Outperform rating on Manhattan Associates and raised the price target to $250, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically suggests a bullish view on the stock's future performance. Investors may see this as a strong endorsement of the company's prospects, potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100