** Shares of Select Harvests gain as much as 8.8% to A$4.560, their highest level since Aug 22, 2023

** Stock posts its biggest intraday pct gain since July 11

** Analysts at Bell Potter raise their price target for the almond product maker to A$4.95 from A$4.40 and rating to "buy" from "hold"

** Analysts say change reflects a lower risk profile for co into FY25 with higher almond prices and below-average rainfall across key growing regions through Aug

** Select Harvests stock up ~54% YTD, as of 0319 GMT

(Reporting by Echha Jain in Bengaluru)

((Echha.jain@thomsonreuters.com))