A Closer Look at 6 Analyst Recommendations For Manhattan Associates
Portfolio Pulse from Benzinga Insights
Manhattan Associates (NASDAQ:MANH) received mixed analyst ratings, with an updated average 12-month price target of $238.33, reflecting a 2.51% increase from the previous target. The company's financial performance shows strong revenue growth, net margin, ROE, and ROA, outperforming industry averages. However, its market capitalization is below industry averages, indicating a smaller size relative to peers.
May 14, 2024 | 1:01 pm
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POSITIVE IMPACT
Manhattan Associates sees mixed analyst ratings with a slight increase in the average price target to $238.33, indicating optimism. The company's strong financial performance, especially in revenue growth and profitability metrics, supports a positive outlook.
The increase in the average price target suggests analysts see potential in Manhattan Associates, supported by its strong financial performance. The mixed ratings reflect varying opinions but the overall positive adjustment in price targets and the company's solid financial metrics such as revenue growth, net margin, ROE, and ROA indicate a bullish sentiment in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100