MANH -- leadership in supply-chain management Message Board

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Technology Stocks : MANH -- leadership in supply-chain management

MANH 176.35

+0.6%

Dec 26 9:30 AM EST

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To: pcyhuang who started this subject	9/4/2003 3:55:34 PM
From: Cooters	of 31

Manhattan Associates "outperform;" target price raised newratings.com Manhattan Associates "outperform;" target price raised Thursday, September 04, 2003 2:44:00 PM ET Robert W. Baird NEW YORK, September 4 (New Ratings) – Analyst Patrick A Snell of Robert W Baird maintains his "outperform" rating on Manhattan Associates (MANH), while raising his estimates for the company. The target price has been raised from $32 to $36. In a research note published this morning, the analyst mentions that the company’s 3Q03 performance is progressing in-line with the estimates. The company’s pipeline growth has been healthy and diversified, says the analyst. The analyst is optimistic regarding a significant improvement in the sales momentum at Manhattan Associates’ transportation and labour management segments. Manhattan Associate is expected to capitalize on the expected increase in demand for RFID, analysts add.

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