Lovisa Bull Sees Cofounder Buying as a Positive -- Market Talk

Dow Jones

04/28

0237 GMT - Lovisa's bull at Macquarie is heartened by a recent move by its cofounder to increase his holding. A note from one of the investment bank's analysts informs clients that Chairman Brett Blundy bought A$14 million worth of stock on March 26, which the analyst posits is a positive signal. The analyst acknowledges concern that rising Australian interest rates could hit consumer sentiment but suggests that the fashion jewelry retailer could benefit if buyers trade down from more expensive rivals. Macquarie keeps an outperform rating an A$30.50 target price on the stock, which is down 1.7% at A$23.38. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

April 27, 2026 22:37 ET (02:37 GMT)

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(stuart.condie@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 27, 2026 22:37 ET (02:37 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7128","symbol_name":"专卖店","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2630261340","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2630261340","pubTimestamp":1777343820,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0237 GMT - Lovisa's bull at Macquarie is heartened by a recent move by its cofounder to increase his holding. 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