JP Morgan Initiates Coverage On ATS with Neutral Rating, Announces Price Target of $45
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Stephen Tusa has initiated coverage on ATS (NYSE:ATS) with a Neutral rating and set a price target of $45.

December 20, 2023 | 11:34 am
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NEUTRAL IMPACT
ATS has been given a Neutral rating by JP Morgan with a price target of $45.
The initiation of coverage by a major financial institution like JP Morgan typically brings a stock into focus for investors. A Neutral rating suggests that JP Morgan analysts believe ATS will perform in line with the market or sector. The price target of $45 provides a benchmark for investors but does not imply significant upside or downside, hence the neutral impact score. The relevance is high as the news is directly about ATS, and the importance is significant as price targets and ratings from major banks can influence investor perception. The confidence level is high due to the credibility of JP Morgan as a financial analyst firm.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100