Goldman Sachs Upgrades Atento To Neutral With Price Target Of $30

Goldman Sachs analyst Diego Aragao upgraded Atento SA ATTO to Neutral from Sell with a price target of $30, up from $11.40, implying an upside of 3.34%.
Aragao is confident about the company's ability to keep up with the digital transformation in Latin America by shifting its portfolio of offerings toward more value-added solutions.
He remains constructive on the Latin American Technology sector, expecting the urgency of digitalization to continue driving improved sales growth and margin expansion for at least the next three years.
Price Action: ATTO shares are trading higher by 0.69% at $29.03 on the last check Tuesday.

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