Manhattan: Morgan Stanley initiates at 'Underweight' Rating, The Target Price is $190

Monday, Jul 14, 2025 10:00 am ET1min read

Morgan Stanley initiates coverage on 'Underweight' rating on Manhattan(MANH), compare with the 'Action List Buy' previously.

The target price is $190.

[Recent Rating]

DateAgencyChangeRatingRating (previously)Target PriceTarget Price(previously)
2025-07-14Morgan StanleyInitiates Coverage OnUnderweightAction List Buy$190$--

[Recent Earning Results] Manhattan posted the Q1 of its 2025 financial results on 4/25/2025, reporting total revenue of USD 262.79 million in the first quarter, up 3.24% from USD 254.55 million year over year, reporting net income of USD 52.58 million in the first quarter, down 2.27% from USD 53.80 million year over year.

[Company Profile] Manhattan Associates, Inc. was incorporated in Georgia in 1998. The company develop, sell, deploy, service and maintain software solutions designed to manage supply chains, inventory and omnichannel operations for retailers, wholesalers, manufacturers, logistics providers and other organizations. The company run their Manhattan Active applications in the cloud and deliver them as subscription-based software as a service (SaaS), and the architecture is highly differentiated among enterprise application providers, particularly within the Omni Channel and Supply Chain categories.

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