REA's Price Rises Reduce Downside Risks -- Market Talk

Dow Jones

03/20

2349 GMT - REA Group's higher-than-forecast price increases are seen by its bull at Citi as reducing downside risk from any listings softness from rate hikes and broader macroeconomic weakness. Analyst Siraj Ahmed tells clients in a note that the Australian real-estate advertiser's proposed 8%-10% price rises compare with his prior expectation of a 7% increase. The move should also ease investor concerns that the News Corp-controlled company's pricing power could be hit by a resurgence at CoStar-owned rival Domain. Citi has a buy rating and A$199.00 target price on the stock, which is up 0.8% at A$159.88. News Corp is the parent company of Dow Jones & Co., publisher of The Wall Street Journal and Dow Jones Newswires. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

March 19, 2026 19:49 ET (23:49 GMT)

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Analyst Siraj Ahmed tells clients in a note that the Australian real-estate advertiser's proposed 8%-10% price rises compare with his prior expectation of a 7% increase. The move should also ease investor concerns that the <a href=\"https://laohu8.com/S/NWSAL\">News Corp</a>-controlled company's pricing power could be hit by a resurgence at CoStar-owned rival Domain. Citi has a buy rating and A$199.00 target price on the stock, which is up 0.8% at A$159.88. <a href=\"https://laohu8.com/S/NWSLL\">News Corp</a> is the parent company of Dow Jones &amp; Co., publisher of The Wall Street Journal and Dow Jones Newswires. 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Analyst Siraj Ahmed tells clients in a note that the Australian real-estate advertiser's proposed 8%-10% price rises compare with his prior expectation of a 7% increase. The move should also ease investor concerns that the <a href=\"https://laohu8.com/S/NWSAL\">News Corp</a>-controlled company's pricing power could be hit by a resurgence at CoStar-owned rival Domain. Citi has a buy rating and A$199.00 target price on the stock, which is up 0.8% at A$159.88. <a href=\"https://laohu8.com/S/NWSLL\">News Corp</a> is the parent company of Dow Jones &amp; Co., publisher of The Wall Street Journal and Dow Jones Newswires. (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  March 19, 2026 19:49 ET (23:49 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7503","symbol_name":"科技股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2620772812","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2620772812","pubTimestamp":1773964140,"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":"2349 GMT - REA Group's higher-than-forecast price increases are seen by its bull at Citi as reducing downside risk from any listings softness from rate hikes and broader macroeconomic weakness. Analyst Siraj Ahmed tells clients in a note that the Australian real-estate advertiser's proposed 8%-10% price rises compare with his prior expectation of a 7% increase. The move should also ease investor concerns that the News Corp-controlled company's pricing power could be hit by a resurgence at CoStar-owned rival Domain. Citi has a buy rating and A$199.00 target price on the stock, which is up 0.8% at A$159.88. News Corp is the parent company of Dow Jones & Co., publisher of The Wall Street Journal and Dow Jones Newswires. 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