0035 GMT - Domain's first-half result helped send the Australian real-estate advertiser's shares higher in early trade, but it wasn't all good news for Citi analyst Siraj Ahmed. He tells clients in a note that the Nine Entertainment-controlled classifieds group lowered its listings growth outlook, while residential depth revenue growth also slowed in the December quarter. The interim dividend also fell short of the average analyst forecast, he adds. Citi has a last-published neutral rating and A$3.20 target price on the stock, which is up 9.3% at A$2.985. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
February 12, 2025 19:35 ET (00:35 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.