Atoss Software AG Sees Upgraded Earnings Outlook According to Jefferies

Wednesday, 24 July 2024, 08:02

Jefferies has reaffirmed its 'Hold' rating on Atoss Software AG following the company's strong quarterly results. The firm has set a price target of €112 for the software specialist, reflecting confidence in its performance. Notably, Atoss has raised its operating earnings outlook (EBIT), which has been positively acknowledged by analysts. This development emphasizes the company's robust position in the software market and its potential for future growth.
Wallstreet-online
Atoss Software AG Sees Upgraded Earnings Outlook According to Jefferies

Jefferies' Analysis of Atoss Software AG

On July 24, 2024, Jefferies affirmed its 'Hold' rating for Atoss Software AG, maintaining a price target of €112. The software specialist has reported commendable quarterly results that warrant attention.

Quarterly Performance Highlights

  • Strong quarterly results demonstrated
  • Operating earnings outlook (EBIT) raised
  • Analyst Henrik praised the company's achievements

Conclusion

In summary, Jefferies' outlook reflects a positive sentiment towards Atoss Software AG, as the company continues to demonstrate solid operational performance. Investors may consider this 'Hold' recommendation and the revised target as indications of the company's stability and growth potential in the competitive software sector.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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