** Shares of Hub24 HUB.AX rise as much as 20.8% to A$104.210, on track for best session since late August 2014, if trend holds

** Stock hits highest level since January 28

** Data solutions provider reports a statutory net profit after tax of A$59.7 million ($42.05 million), up 80% from a year ago

** Upgraded FY27 platform funds under administration target, excluding portfolio,administration and reporting services FUA, to a range of A$160 billion to A$170 billion

($1 = 1.4196 Australian dollars)

(Reporting by Anjali Singh in Bengaluru)

((anjali.singh2@thomsonreuters.com))