Raymond James Reiterates Strong Buy on ATN International, Lowers Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Ric Prentiss has reiterated a Strong Buy rating on ATN International (NASDAQ:ATNI) but lowered the price target from $40 to $32.

April 26, 2024 | 5:30 pm
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Raymond James reaffirms a Strong Buy on ATN International, yet reduces the price target to $32 from $40.
The reiteration of a Strong Buy rating by Raymond James suggests a positive outlook on ATN International's fundamentals and future prospects. However, the reduction in the price target may reflect adjustments in valuation metrics, market conditions, or both. This mixed signal could lead to short-term uncertainty among investors, balancing the potential for both positive sentiment from the continued strong rating and negative sentiment from the lowered price target.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100