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Jan 18, 2019 - Australian Financial Review

Atlas Arteria

Morgan Stanley reduced its price target on Atlas Arteria from $6.99 to $6.66 on Wednesday, while maintaining an "equal-weight" stock rating. Analyst Rob Koh opted for a more conservative valuation approach to the highways, roads, bridges, and private toll collecting company, citing the impact of the ongoing "yellow vest" political protests. These impacts include a likely sharp slowdown in traffic on the Autoroutes Paris Rhin Rhone (APRR). The analyst justified maintaining Atl...