** Shares of conglomerate Wesfarmers WES.AX rise as much as 3.2% to A$77.06
** Brokerage UBS raises co's stock rating to "neutral" from "sell", hikes price target to A$76 from A$69
** UBS says co has strong growth options across all divisions
** Sees sales growth at home improvement chain Bunnings accelerating, with EBIT margins supported by technology, retail media & supply chain investments
** Brokerage adds Bunnings' addressable market is large and growing and it has opportunities to expand to new categories
** WES stock is top gainer on consumer discretionary sub-index .AXDJ, which is up 1.5%
** As of last close, Wesfarmers stock up 4.4% YTD
(Reporting by Himanshi Akhand in Bengaluru)
((Himanshi.Akhand@thomsonreuters.com;))
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。