Barclays Raises Price Target on Manhattan Associates
Barclays maintained an Overweight rating on Manhattan Associates and increased its price target to $275 from $239.
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Stifel analyst Parker Lane maintains Manhattan Associates (NASDAQ:MANH) with a Buy and raises the price target from $225 to $250.
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Barclays maintained an Overweight rating on Manhattan Associates and increased its price target to $275 from $239.
Truist has raised its price target for Manhattan Associates, Inc. from $240 to $305 while maintaining a Buy rating on the stock.
Manhattan Associates reported 28% year-over-year cloud revenue growth in Q3 2026. The company achieved 100% conversion rates from AI pilot programs to full subscriptions, launched tiered platform packaging to reach smaller customers, and expanded its partner ecosystem with year-to-date partner-sourced deals up over 4x. Remaining performance obligations reached $2.6 billion, positioning the company for sustained subscription growth.
Manhattan Associates, Inc. announced its financial results for the third quarter ended September 30, 2026, reporting revenue of $306.2 million and adjusted diluted earnings per share of $1.55.
Gainers Ultra Clean Hldgs (NASDAQ:UCTT) shares rose 10.9% to $57.1 during Tuesday's after-market session. The market value of their outstanding shares is at $2.0 billion. As per the news, the Q3 earnings report