** Macquarie hikes its Price Target $(PT)$ for shares of Orica ORI.AX to A$20.91 from A$20.78, 'Outperform' on stock
** Brokerage accounts for its 3% FY25 earnings outlook lift for the mining solutions provider, reflecting its stronger Blasting business
** Also sees potential buy back announcement on March 12
** 11 of 13 analysts rate the stock "buy" or higher, 2 "hold"; their median PT is A$20.90 – according to data compiled by LSEG
** Stock up 0.5% at A$17.03 as of last close
($1 = 1.5876 Australian dollars)
(Reporting by Nichiket Sunil in Bengaluru; Editing by Sandra Maler)
((Nichiket.Sunil@thomsonreuters.com;))
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