Stock Track | Temple & Webster Soars 5.21% Intraday as Jefferies Upgrades to "Buy"

Stock Track

2025/11/27

Temple & Webster Group Ltd (TPW.AU) saw its stock price surge by 5.21% during the intraday session on Thursday, outperforming the broader market.

The rally comes after Jefferies upgraded the stock to "buy" from "underperform," citing a more realistic pricing of the stock. This upgrade contrasts with other brokerages like Citi, which downgraded the stock to "neutral" due to concerns over customer acquisition costs and a dimmer profit outlook. Jefferies' positive stance appears to have outweighed the negative sentiment from other analysts, driving the stock higher.

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