** Shares of Graincorp GNC.AX rise as much as 2.9% to A$7.2, their biggest intraday pct gain since December 17, 2024
** Co's shares track positive sentiment in Australian markets, with the S&P/ASX 200 .AXJO having hit a record high earlier in the day
** Shares hit one-year low in the previous session after co forecast lower-than-expected earnings for FY25
** Macquarie lowers stock's price target to A$8.76 from A$9.85, accounting for lower FY25 earnings estimates
** Six of eight analysts rate the stock "buy" or higher, two "hold"; their median PT is A$8.91 – according to data compiled by LSEG
** Stock rose 21.7% in 2024
(Reporting by Nichiket Sunil in Bengaluru)
((Nichiket.Sunil@thomsonreuters.com;))
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