There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Manhattan Associates (MANH – Research Report) and NEXTracker, Inc. Class A (NXT – Research Report) with bullish sentiments.
Manhattan Associates (MANH)
In a report issued on May 14, Joseph Vruwink from Robert W. Baird maintained a Buy rating on Manhattan Associates, with a price target of $251.00. The company’s shares closed last Wednesday at $223.45.
According to TipRanks.com, Vruwink is a 5-star analyst with an average return of
Currently, the analyst consensus on Manhattan Associates is a Moderate Buy with an average price target of $245.25, which is a 12.3% upside from current levels. In a report issued on May 14, Redburn Atlantic also initiated coverage with a Buy rating on the stock with a $260.00 price target.
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NEXTracker, Inc. Class A (NXT)
In a report issued on May 14, Ben Kallo from Robert W. Baird reiterated a Buy rating on NEXTracker, Inc. Class A, with a price target of $71.00. The company’s shares closed last Wednesday at $45.98.
According to TipRanks.com, Kallo is a 2-star analyst with an average return of
Currently, the analyst consensus on NEXTracker, Inc. Class A is a Moderate Buy with an average price target of $60.83, implying a 24.1% upside from current levels. In a report released yesterday, Fox Advisors also upgraded the stock to Buy with a $60.00 price target.
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Read More on MANH:
- Manhattan Associates initiated with a Buy at Redburn Atlantic
- DA Davidson upgrades Manhattan Associates on overdone share correction
- Manhattan Associates upgraded to Buy from Neutral at DA Davidson
- Manhattan Associates elevated to ‘Best-of-Breed Bison’ at DA Davidson
- Manhattan Associates price target lowered to $220 from $260 at Citi
