** Analysts at Jefferies raise PT on Australia's Atlas Arteria ALX.AX to A$6.42 from A$6.34; maintain stock recommendation as "buy"
** Brokerage says co's Q2 traffic and toll revenue report shows continuing strength in French operations, with revenues more in line from mix changes
** Says traffic at Dulles Greenway toll-road in the United States continues to recover, albeit no near-term tolling increases expected
** It now seems more likely traffic can return to pre-COVID levels at Dulles Greenway, with less evidence of ongoing structural weakness in traffic — Jefferies
** Adds co's management highlighting a positive response from the French government to support current concession model
** Two of nine analysts rate the stock "buy" or higher, five "hold" and two "sell"; their median PT is A$5.22, according to data compiled by LSEG
** Stock up about 10% YTD
(Reporting by Rishav Chatterjee in Bengaluru)
((Rishav.Chatterjee@thomsonreuters.com))
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