2342 GMT - Appliances maker Breville's 1H result next Tuesday is likely to be topical, Morgan Stanley says. Analyst Joseph Michael thinks revenue could positively surprise but the risk of U.S. tariffs remains high. "We continue to like the long-term story (Overweight rated), but after the recent share price strength, the market will likely require a strong 1H and outlook to hold its multiples," MS says. Its base case is for a 1% upgrade to consensus expectations for revenue and EBIT. Breville's shares are up nearly 40% over the past year. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
February 06, 2025 18:42 ET (23:42 GMT)
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