0417 GMT - Aussie Broadband's bulls at Wilsons see the Australian broadband provider's 2028 targets as achievable, and even beatable. Analysts Ross Barrows and Lachlan Woods tells clients in a note that their forecasts largely reflect the company's newly announced goals, which include surpassing A$1.6 billion in annual revenue and recording an Ebitda margin higher than 12.5%. The pair expect to see deeper market penetration through things like increasing services per customer, increased automation and technology investment, and market-share gains at the expense of larger incumbents. Wilsons raises its target price 1.6% to A$5.16 and stays overweight on the stock, which is up 1.3% at A$3.89. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
April 11, 2025 00:17 ET (04:17 GMT)
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