Atos: UBS still on hold, reduces target price

(CercleFinance.com) - UBS maintains its "neutral" rating on Atos shares, although has cut its target price for them from 44 euros to 35.
5 euros, a new target price that suggests upside potential of 7% for the French IT services group's shares.

"Some of Q4's negatives will provide a head start to 2022 but visibility is low as new CEO Belmer's turnaround plan will only be revealed in Q2," the broker summarised.



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