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


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  • Goldman Sachs analyst Diego Aragao upgraded Atento SA (NYSE: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.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: Analyst ColorNewsUpgradesPrice TargetSmall CapAnalyst RatingsBriefs