0441 GMT - Citi analysts stay bullish on Aussie Broadband even though their 2028 revenue forecast falls short of the company's ambition. They tell clients in a note that they are looking for A$1.499 billion in 2028 revenue, which is about 6% below the Australian broadband provider's target. The Citi analysts think that management will need to lift operating expenses to deliver growth without sacrificing customers' service levels. However, they acknowledge that they are being conservative and see risks being tilted toward the upside. Citi keeps a buy rating and A$4.80 target price on the stock, which is up 1.6% at A$3.90. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
April 11, 2025 00:41 ET (04:41 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。