2341 GMT - Computershare gets a new bull at Citi with the outlook for its key business activities appearing increasingly positive. Raising his recommendation to buy from neutral, analyst Nigel Pittaway tells clients in a note that the Australian share-registry provider remains positively exposed to a pick-up in M&A, IPOs and debt issuance. He says that activity in these areas seems to be rising, albeit still a little mixed. He trims his EPS forecasts to reflect a further downward move in the interest rate curve but thinks that material downside from here seems relatively unlikely. Citi trims its target price 2.0% to A$39.60. Shares are down 0.5% at A$33.80. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
January 13, 2026 18:41 ET (23:41 GMT)
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