0134 GMT - Netwealth keeps its neutral rating at Macquarie despite the investment bank's analysts moderating their EPS forecasts for the Australian wealth platform. Citing market volatility and slightly softer flow assumptions, the Macquarie analysts trim their fiscal 2025 EPS forecast by 1%, but push through cuts of 11%-13% for subsequent years on more moderate long-term growth assumptions. Even so, they tell clients in a note that the outlook should be supported by Netwealth's strong pipeline of new business. Macquarie cuts its target price 16% to A$28.40. Shares are up 0.4% at A$25.55. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
April 13, 2025 21:34 ET (01:34 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。