** Shares of Netwealth Group NWL.AX rise as much as 1.6% to A$25.860
** Analysts at Morgan Stanley upgrade NWL rating to "overweight" from "equal-weight", citing ongoing market share gains for independent specialist platform providers and strong financial performance of co
** Brokerage, however, trims the price target to A$29.75 from A$31.25, and reduces EPS forecasts by ~1% for FY25-27E due to negative market movements & higher costs
** Brokerage observes stock has dropped 21% vs the index losing 11% from recent highs and views this as an opportunity to invest in a company as they expect it to grow steadily over time
** Analysts on average rate the stock "hold" or above; median price target at A$28.20 - LSEG data
** Stock down ~10.5% YTD, including current session's moves
(Reporting by Manasi Dasa in Bengaluru)
((Manasi.DasaSundeep@thomsonreuters.com;))
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