Tyro Payments Looks Well Positioned for Surcharge Shift -- Market Talk
Dow Jones
Jul 17, 2025
0031 GMT - The risks to Tyro Payments from the Reserve Bank of Australia's proposal to scrap card-payment surcharges have been overstated, Morgans analyst Richard Coles reckons. He tells clients that the payment provider's management is adamant that the proposal won't have any short- or medium-term impact on its profit or margins. Coles writes in a note that Tyro is clearly better positioned than some other providers to handle the shifting regulations, and continues to have a large addressable market to grow into. Morgans keeps a buy rating and A$1.55 target price on the stock, which is up 1.8% A$0.9775. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
July 16, 2025 20:31 ET (00:31 GMT)
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