Macquarie lifts Atlas Arteria rating to outperform
Macquarie’s new bull view cites value despite negative traffic trends and lifts its recommendation to outperform from neutral, citing July and August traffic down 2.2% versus expectations.
Macquarie has raised its recommendation on Atlas Arteria to outperform from neutral, saying it sees value in the toll-road operator despite negative traffic trends. 2% drop in traffic for July and August was in line with expectations.