oOh!media Bull Likes Advertiser's Revenue Momentum -- Market Talk

Dow Jones

04/30

0339 GMT - Better-than-expected revenue momentum at oOh!media keeps Macquarie analysts firmly bullish, despite the impending departure of the outdoor advertiser's CEO. A note from the investment bank says that the 13% revenue growth logged in the March quarter should continue through the rest of the first half, overriding prior caution about a potential slowdown linked to this week's federal election. They see revenue growth slowing to 10% in 2H, but highlight operating leverage stemming from prior cost initiatives. Macquarie raises its target price by 14% to A$2.00 and keeps an outperform rating on the stock, which is up 0.5% at A$1.5125. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

April 29, 2025 23:39 ET (03:39 GMT)

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(stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 29, 2025 23:39 ET (03:39 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"OML.AU","symbol_name":"OOH!MEDIA LTD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2531184721","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2531184721","pubTimestamp":1745984340,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0339 GMT - Better-than-expected revenue momentum at oOh!media keeps Macquarie analysts firmly bullish, despite the impending departure of the outdoor advertiser's CEO. 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