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Analysts Offer Insights on Industrial Goods Companies: IDEX (IEX) and Manhattan Associates (MANH)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on IDEX (IEXResearch Report) and Manhattan Associates (MANHResearch Report).

IDEX (IEX)

Mizuho Securities analyst Brett Linzey maintained a Hold rating on IDEX on September 19 and set a price target of $200.00. The company’s shares closed last Wednesday at $209.94.

According to TipRanks.com, Linzey is a 4-star analyst with an average return of 7.9% and a 61.0% success rate. Linzey covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Stanley Black & Decker.

IDEX has an analyst consensus of Moderate Buy, with a price target consensus of $233.25.

See the top stocks recommended by analysts >>

Manhattan Associates (MANH)

Robert W. Baird analyst Joseph Vruwink maintained a Buy rating on Manhattan Associates on September 18 and set a price target of $219.00. The company’s shares closed last Wednesday at $202.73, close to its 52-week high of $208.31.

According to TipRanks.com, Vruwink is a 4-star analyst with an average return of 7.1% and a 61.0% success rate. Vruwink covers the Technology sector, focusing on stocks such as Instructure Holdings, Bentley Systems, and Cadence Design.

Currently, the analyst consensus on Manhattan Associates is a Moderate Buy with an average price target of $210.67, a 3.7% upside from current levels. In a report issued on September 14, Loop Capital Markets also maintained a Buy rating on the stock with a $230.00 price target.

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