2326 GMT - Aussie Broadband's bulls at Citi are encouraged by the telecommunications provider's surge in connections so far this month. They aren't worried by September's slowdown and point out that the October run rate of 9,900 net additions is well ahead of their forecast for 7,500 a month across the December half. They tell clients in a note that it is reasonable to assume that solid momentum should continue through the remainder of the fiscal first half. They forecast the Australian company to reach 833,200 broadband connections by Dec. 31. Citi keeps a "buy" rating and A$6.15 target price on the stock, which is up 2.5%, at A$2.45. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

October 14, 2025 19:26 ET (23:26 GMT)

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