Morgan Stanley Upgrades Manhattan Associates and Sallie Mae Ratings
Morgan Stanley raised both Manhattan Associates and Sallie Mae to Overweight, while lifting the price target for each company’s shares.
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what happened
Newsmetry API, citing ratings data from Benzinga, reports that Morgan Stanley upgraded Manhattan Associates from Equal-Weight to Overweight. The bank also raised its price target for the company’s shares from $180.00 to $250.00 per share.
At 17:15 GMT, Morgan Stanley made a similar change for Sallie Mae, moving the stock rating from Equal-Weight to Overweight. The price target for Sallie Mae shares increased from $28.00 to $30.00 per share.
why it matters
Changes to Morgan Stanley’s ratings and price targets may affect investor sentiment toward MANH and SLM, as they represent a revised analytical assessment of the companies.
instruments
sources
- Manhattan Associates Raised to Overweight From Equal-Weight by Morgan Stanley — Newsmetry API, 12 October 2026 at 17:03 UTC
- Sallie Mae Raised to Overweight From Equal-Weight by Morgan Stanley — Newsmetry API, 12 October 2026 at 17:15 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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