Manhattan Falls Despite Q1 Beat, Price Target Hikes

By | April 22, 2015

Scalper1 News

Manhattan Associates (MANH) stock seesawed Wednesday despite a Q1 earnings beat late Tuesday and at least two price target hikes. Manhattan started out touching a new high for the third straight trading day in the stock market today, rising as much as 6.8% to just below 60. Shares then fell as much as 3.1%. In midday trading, Manhattan stock was down 4%, near 54. But at least two analysts hiked their price targets on Manhattan stock after the Scalper1 News

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