CMB International Maintains Buy on Atour Lifestyle Holdings, Lowers Price Target to $23.68
Portfolio Pulse from Benzinga Newsdesk
CMB International analyst Walter WOO maintains a Buy rating on Atour Lifestyle Holdings (NASDAQ:ATAT) but lowers the price target from $23.93 to $23.68.

April 05, 2024 | 6:01 pm
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CMB International maintains a Buy rating on Atour Lifestyle Holdings but lowers the price target from $23.93 to $23.68.
The adjustment in price target is minor, suggesting that the analyst's overall positive outlook on Atour Lifestyle Holdings remains intact. However, the slight reduction could indicate a minor adjustment in valuation models or market conditions. Given the maintained Buy rating, the impact on the stock price is likely neutral in the short term, as the market may have already priced in the analyst's expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100