- 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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