Computershare Loses Bull After Stock's Strong Run -- Market Talk

Dow Jones
01-16

2358 GMT - Computershare loses its bull at Goldman Sachs following the stock's recent strong run. Analyst Julian Braganza remains cautiously optimistic about the share-registry provider's earnings growth prospects, but lowers his recommendation to neutral from buy after yield expectations and a strong U.S. dollar helped the stock rally 34% in the December quarter. His fiscal 2025 EPS forecast is slightly ahead of company guidance, but he tells clients in a note that the GS macro team expects the Australian dollar to strengthen through 2026. GS raises its target price 15% to A$35.50. Shares are down 1.8% at A$33.35. (stuart.condie@wsj.com)

 

(END) Dow Jones Newswires

January 15, 2025 18:58 ET (23:58 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10