Citigroup Initiates Coverage On Manhattan Associates with Neutral Rating, Announces Price Target of $260
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst George Kurosawa initiates coverage on Manhattan Associates (NASDAQ:MANH) with a Neutral rating and a price target of $260.

March 13, 2024 | 1:00 pm
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NEUTRAL IMPACT
Citigroup has initiated coverage on Manhattan Associates with a Neutral rating and a price target of $260.
The initiation of coverage by Citigroup with a Neutral rating and a specific price target provides investors with a new professional analysis to consider. However, the Neutral rating suggests that Citigroup does not see significant upside or downside in the near term, which is why the impact score is neutral. The importance is rated high because analyst coverage, especially from a major bank like Citigroup, can influence investor perception and potentially the stock price. The confidence level is high due to the clear stance and price target provided by the analyst.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100