0112 GMT - Plenti's bulls at Wilsons see the credit provider getting plenty of opportunities from Australia's home-battery subsidy program. Wilsons analysts point out that Plenti has a 24% share of renewable loan originations, indicating strong favorable exposure to the federal government's A$2.3 billion battery scheme. Many battery installers have said that July 2025 demand is about four times higher than a year earlier, the analysts add. With growth also strong in automotive and personal segments, Wilsons sees Plenti well positioned to deliver cash profit growth. Wilsons raises its target price 9.1% to A$1.44 and stays overweight on the stock, which is down 0.5% at A$0.945. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
July 24, 2025 21:12 ET (01:12 GMT)
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