WiseTech's Bull Feels Positive About AI Strategy -- Market Talk

Dow Jones
02/27

0124 GMT - WiseTech Global's decision to reshape its operating model using artificial intelligence is backed by its bull at Citi. Analyst Siraj Ahmed thinks the logistics-software provider Wisetech is well positioned to introduce agentic capabilities that can materially automate and enhance customer workflows. However, execution on product development could be tougher over the near term due to the 50% reduction in relevant staff. Ahmed keeps a buy rating on the stock, but opens a negative catalyst watch on the stock ahead of logistics operator DSV's capital markets day in May. He sees rising risk that DSV will take its software needs in-house. Citi cuts its target price 40% to A$65.35. Shares are up 0.2% at A$49.09. (stuart.condie@wsj.com)

 

(END) Dow Jones Newswires

February 26, 2026 20:24 ET (01:24 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10