Can Manhattan Associates (MANH) Climb 41.55% to Reach the Level Wall Street Analysts Expect?

Core Viewpoint - Manhattan Associates (MANH) shares have increased by 2% recently, closing at $174.76, with a potential upside of 41.6% based on Wall Street analysts' mean price target of $247.38 [1] Price Targets - The average price target consists of eight estimates ranging from a low of $184 to a high of $285, with a standard deviation of $38.69, indicating variability among analysts [2] - The lowest estimate suggests a 5.3% increase, while the highest indicates a 63.1% upside [2] Analyst Consensus and Earnings Estimates - Analysts show strong agreement in revising earnings estimates higher, which correlates with potential stock price increases [4][11] - Over the past 30 days, one estimate has increased, leading to a 2.9% rise in the Zacks Consensus Estimate for the current year [12] Zacks Rank - MANH holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, suggesting a strong potential upside [13]