0317 GMT - Baby Bunting's bull at Citi reckons that the baby goods retailer's turnaround will take time despite a slightly better-than-expected trading update. Analyst Sam Teeger reiterates his buy rating on the stock but warns there is still work ahead, with a skew in annual net profit toward the 2H of fiscal 2026 looking larger than anticipated. Nonetheless, he says that an acceleration in normalized like-for-like sales growth compared with the first six weeks of the fiscal year suggests improving underlying trading momentum. Citi has a last-published A$3.04 target price on the stock, which is down 5.1% at A$3.01. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
October 13, 2025 23:17 ET (03:17 GMT)
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