Manhattan Associates Seen Growing Above Expectations
Growth isn’t going to be problem for Manhattan Associates (MANH), says an analyst in an upgrade for a company that competing with larger rivals Oracle and SAP. Terry Tillman, an analyst for Raymond James & Associates, raised his rating on the enterprise software company on Wednesday to strong buy from outperform. Tillman raised his price target to 46 from 42. Manhattan stock was up more than 6% in midday trading in the stock market today, near 41.