Citigroup raised its price target for Manhattan Associates to $260, giving the company a stronger outside endorsement. It kept its Buy rating, and the story reports no new business results, so the positive signal is limited.
This gives MANH a stronger outside endorsement, but it does not show that the company’s business has changed. Citi kept its Buy rating, and the story reports no new sales, profits, or company forecast, so the signal is limited.
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