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Atour Lifestyle's stock soars after beating earnings forecasts, gaining analyst approval.
Atour Lifestyle (NASDAQ: ATAT) saw its stock trading volume surge after reporting stronger-than-expected quarterly earnings, with an EPS of $0.33 exceeding analyst forecasts by $0.04. The company, which develops lifestyle brands in the hospitality sector, has garnered positive analyst reviews, with Goldman Sachs and Bank of America both setting "buy" ratings and increasing their price targets. This positive outlook has stirred investor interest, as evidenced by the recent trading activity.
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