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Fly News Breaks for January 21, 2016
MANH
Jan 21, 2016 | 07:37 EDT
Brean Capital expects Manhattan Associates to report solid Q4 results, as their channel checks indicate strong sales momentum. The firm also noted checks indicate a favorable pricing environment that, coupled with the company's exceptional consistency in sales execution, should command higher valuation multiples. Brean Capital reiterated its Buy rating and $74 price target on Manhattan Associates shares.
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