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Needham Believes Altimar Corp II (FATH) Won’t Stop Here

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The company’s shares closed last Friday at $10.24, close to its 52-week high of $10.30.

According to TipRanks.com, Ricchiuti is a top 100 analyst with an average return of 23.7% and a 61.8% success rate. Ricchiuti covers the Technology sector, focusing on stocks such as Teledyne Technologies, Benchmark Electronics, and Faro Technologies.

Currently, the analyst consensus on Altimar Corp II is a Moderate Buy with an average price target of $11.50, representing a 23.5% upside. In a report issued on January 19, Craig-Hallum also initiated coverage with a Buy rating on the stock with a $11.00 price target.

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Altimar Acquisition Corp II is a blank check company.

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