DA Davidson Upgrades Manhattan Associates to Buy, Raises Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Gil Luria upgrades Manhattan Associates (NASDAQ:MANH) from Neutral to Buy and raises the price target from $220 to $240.

April 25, 2024 | 12:31 pm
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POSITIVE IMPACT
Manhattan Associates upgraded to Buy from Neutral by DA Davidson, with a price target increase to $240 from $220.
Upgrades by analysts, especially from neutral to buy ratings, can lead to increased investor confidence and potential stock price appreciation. The increase in price target further supports a positive outlook for Manhattan Associates, suggesting that the analyst sees stronger future performance and growth potential.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100