From Yahoo Finance: 2025-05-20 17:55:00

Morgan Stanley maintained an “Equal-Weight” rating on E2open Parent Holdings, Inc. (NYSE:ETWO) with a $2.10 price target. They raised the “Bull Case” scenario to $4.05 following news of a strategic review by WiseTech Global, potentially leading to a takeover.

Analyst Chris Quintero praised ETWO’s value as a strategic asset, citing a strong customer base and high gross retention rate. While no deal is confirmed, the Bull Case adjustment reflects potential outcomes of the review that could result in higher value for ETWO.

ETWO offers a cloud-based supply chain software platform to help businesses optimize their operations. While promising, there are AI stocks with greater upside potential and lower risk. For more on undervalued AI stocks, check out a report on the cheapest AI stock with significant growth potential.

Investors are looking at E2open Parent Holdings, Inc. (ETWO) as a potential technology penny stock to buy, given recent developments. Analysts predict a possible takeover following a strategic review, signaling a potential increase in value for the company.

Read more: Morgan Stanley Maintains Equal Weight on E2open (ETWO) Stock