## Hauck Aufhäuser Raises Atoss Software Target to €115.50, Maintains 'Hold' Rating German investment bank Hauck Aufhäuser Lampe has increased its target price for Atoss Software shares to €115.50 while maintaining its 'hold' rating on the stock. Analyst Malte Schaumann wrote that his revised target is based on higher projected sales growth and better margins in the coming years. He also noted that Atoss Software's recent acquisition of Xillio will provide some tailwinds. "We believe that Atoss Software is well-positioned to benefit from the digital transformation trend," Schaumann wrote in a note to clients. "The company's focus on providing innovative software solutions for the digital workplace is a key driver of its growth." Atoss Software is a French IT consulting and services provider with a global presence. The company offers a range of services, including application development, infrastructure management, and business process outsourcing. Hauck Aufhäuser's target price of €115.50 is about 10% higher than the current market price of €105.60. The bank's 'hold' rating suggests that it believes Atoss Software is fairly valued at current levels. Atoss Software shares have climbed 13% over the past year, outperforming the broader market. However, the stock has been under pressure in recent months due to concerns about the slowdown in the global economy. Despite the recent sell-off, Hauck Aufhäuser remains positive on Atoss Software's long-term prospects. The bank believes that the company's exposure to the digital transformation trend will continue to drive growth in the years to come.
