MANH Upgraded by Morgan Stanley -- Price Target Raised to $250

gurufocus.com · 2026-10-12

On October 3, 2023, Manhattan Associates (MANH) received an upgrade to Overweight from Morgan Stanley, with a significant price target increase from $180.00 to

TickrTrends take: Morgan Stanley's upgrade and price target increase to $250 represents a significant vote of confidence in Manhattan Associates' prospects, which aligns with TickrTrends' current undervalued assessment of the Technology sector company. For investors focused on valuation metrics, this analyst action suggests there may be room for the market to reprrice MANH higher if it has been trading below levels that reflect such bullish institutional views. Valuation-focused readers should monitor whether this upgrade catalyzes broader recognition of the company's worth or if the stock continues to trade at a discount to the new price target.

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