Manugistics, i2 Rise on Analysts' Assessment

By TSC Staff ,

Manugistics (MANU) - Get Report was up 10.2% in early afternoon after Deutsche Banc Alex. Brown initiated coverage on the stock with a buy rating.

Deutsche Banc analyst Tim Dolan said the software company could become a $500 million to $1 billion company in two to four years.

Dolan added that the supply chain software sector, where Manugistics is second to

i2 Technologies

(ITWO)

, was poised to become one of the fastest growing software markets over the next three or more years.

i2 benefited from the comments, rising 10.4%.

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