Atos: UBS further raises target price
(CercleFinance.com) - UBS maintains its "buy" rating on the Atos stock and has raised its target price from 83 euros to 90 euros, which suggests 13% upside potential for the French IT services group.
The broker says welcomes Atos' split from its transaction services subsidiary Worldline, which "highlights the low value of IT Services and shows confidence in IT Services' standalone growth credentials".
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The broker says welcomes Atos' split from its transaction services subsidiary Worldline, which "highlights the low value of IT Services and shows confidence in IT Services' standalone growth credentials".
Copyright (c) 2019 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.