NEW YORK (dpa-AFX Broker) - Analyst firm Jefferies raised its price target for Atoss Software from €135 to €160, but left its rating at "hold." The company's human resources management software is in high demand despite the economic headwinds, analyst Henrik Paganetty wrote in a research note issued Wednesday. He added that the strong financials for the past quarter and the high order intake combined with the raised medium-term targets and high recurring revenue further underpinned his confidence in the company's medium-term growth. Paganetty raised his sales and operating earnings (Ebit) expectations. Regarding the maintained investment recommendation, he referred to the already high valuation./gl/la

Publication of the original study: 17.01.2023 / 13:05 / ET

First disclosure of the original study: 17.01.2023 / 19:00 / ET

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