0035 GMT - Domain's first-half result helped send the Australian real-estate advertiser's shares higher in early trade, but it wasn't all good news for Citi analyst Siraj Ahmed. He tells clients in a note that the Nine Entertainment-controlled classifieds group lowered its listings growth outlook, while residential depth revenue growth also slowed in the December quarter. The interim dividend also fell short of the average analyst forecast, he adds. Citi has a last-published neutral rating and A$3.20 target price on the stock, which is up 9.3% at A$2.985. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
February 12, 2025 19:35 ET (00:35 GMT)
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