Movement Alert｜Manhattan Associates Rises 5.72% in Regular Trading, Morgan Stanley Upgrades to Overweight

Market Focus10-13

On October 13, Manhattan Associates rose 5.72% in regular trading, trading at $216.61/share, with Turnover of $108 million. On the news front, Morgan Stanley upgraded the stock from Hold to Overweight on October 12, according to FactSet data. FactSet data also shows analysts' average rating is Overweight with a mean price target of $227.70, about 5% above the current price. The company's previously reported Q2 results exceeded expectations, with revenue up 9% to $297.8 million and adjusted EPS of $1.39, while it raised fiscal 2026 adjusted EPS guidance to $5.44-$5.50, reinforcing market confidence in profitability.

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