** Analysts at Morningstar say investor sentiment is positive for TechnologyOne TNE.AX ahead of its interim fiscal 2025 results
** Investment research firm raises fair value estimate of enterprise software co by 3% to A$16.20/shr
** Replicating the strong customer loyalty and high switching costs seen in ANZ is difficult in the UK, where the company is a late entrant in an already competitive market — Morningstar
** The investment research firm expects co's strategic focus to revolve around increasing number of products used locally in Australia and New Zealand
** 5 of 16 analysts rate the stock "buy" or higher, 9 "hold" and 2 "sell" or lower; their median PT is A$28.44 — LSEG data
** Stock down 8.9% this year, as of last close
(Reporting by Shivangi Lahiri in Bengaluru)
((shivangi.lahiri@thomsonreuters.com))