Xero Bull Sees Confidence Displayed in Price Rises -- Market Talk

Dow Jones

06/24

0044 GMT - Xero's bull at Citi sees the accounting-software provider's latest price rises as evidence it is confident in its market position. Analyst Siraj Ahmed tells clients in a note that the Australia-listed company's U.K. targeted price rises will probably lift average revenue per user in that market by 5%. He reckons that supports his forecast of 4% U.K. ARPU growth in FY 2027. Ahmed notes that the U.K. price rises are skewed towards plans that received either a small increase last year, or no increase at all. Citi has a buy rating and a target price of 113.60 Australian dollars on the stock, which is up 5.8% at A$68.78. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

June 23, 2026 20:44 ET (00:44 GMT)

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Analyst Siraj Ahmed tells clients in a note that the Australia-listed company's U.<a href=\"https://laohu8.com/S/TKKD.SI\">K</a>. targeted price rises will probably lift average revenue per user in that market by 5%. He reckons that supports his forecast of 4% U.K. ARPU growth in FY 2027. Ahmed notes that the U.K. price rises are skewed towards plans that received either a small increase last year, or no increase at all. Citi has a buy rating and a target price of 113.60 Australian dollars on the stock, which is up 5.8% at A$68.78. 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Analyst Siraj Ahmed tells clients in a note that the Australia-listed company's U.<a href=\"https://laohu8.com/S/TKKD.SI\">K</a>. targeted price rises will probably lift average revenue per user in that market by 5%. He reckons that supports his forecast of 4% U.K. ARPU growth in FY 2027. Ahmed notes that the U.K. price rises are skewed towards plans that received either a small increase last year, or no increase at all. Citi has a buy rating and a target price of 113.60 Australian dollars on the stock, which is up 5.8% at A$68.78. (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  June 23, 2026 20:44 ET (00:44 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":"2645868562","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2645868562","pubTimestamp":1782261840,"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":"0044 GMT - Xero's bull at Citi sees the accounting-software provider's latest price rises as evidence it is confident in its market position. 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