
Manugistics Gains 10.1% on Initiation
E-commerce services company
Manugistics
(MANU)
was up 11.1% in early afternoon after
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TheStreet Recommends
U.S. Bancorp Piper Jaffray
began coverage with a buy rating and a price target of $55, saying the company is emerging as a leader, and its focus on profits could separate it from competitors.