** Toll road developer Atlas Arteria rises 0.6% to A$5.0, highest since Oct. 29, 2024
** Macquarie raises PT to A$5.53 from A$4.97
** Cites better traffic at France's APRR toll road network, which is ALX's biggest asset
** Sees higher Q4 traffic in co-owned Dulles Greenway toll road in U.S.
** Says weaker Australian dollar to work in co's favour, given it owns and operates assets in U.S., France and Germany
** Stock rated "hold" on avg; median PT is A$5.3 – LSEG
** ALX fell 17.8% in 2024
(Reporting by Nichiket Sunil in Bengaluru)
((Nichiket.Sunil@thomsonreuters.com))
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