** Shares of Duratec down 1.4% at A$1.45
** The construction firm on Friday slashed its FY25 revenue, EBITDA forecasts due to delays in expected project awards, weather disruptions
** Bell Potter cuts adjusted EPS forecasts by 6.4%, 5.3% and 4.9% for fiscals 2025, 2026 and 2027, respectively
** Brokerage reduces target price to A$1.8 from A$1.95, retains "buy" rating
** Bell Potter says delay in contracts is unhelpful for Duratec in the short term
** However, brokerage is positive that co remains well-placed to grow in attractive niches, where it brings technical expertise, and is able to earn strong margins
** Stock down 2% YTD, including current session's moves
(Reporting by Nikita Maria Jino in Bengaluru)
((Nikita.Jino@thomsonreuters.com;))
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