** Macquarie names Seek SEK.AX its top pick in Australian classifieds sector; says lower rates might support sector's volume, manage operating jaws
** Adds FY25 results showed co's platform unification, advertisement ladder driving yields; FY26 guidance seen conservative
** Expects EPS to grow at 29% CAGR FY25–FY28; retains "outperform", PT at A$32.50
** Rates CAR Group CAR.AX "neutral", with A$39 PT; sees 12% EPS CAGR
** Sees international investment impacting operational jaws, but adds Australian arm has matured
** Maintains "neutral" on REA REA.AX, with PT at A$255
** Sees 16% EPS CAGR; warns of high valuation, competition from Domain DHGAF.PK under new owner CoStar CSGP.O
** Notes Seek outperformed peers in 2025, rising 21% YTD
** SEK last up 1.5%, CAR rises 0.5%, REA falls 0.7%
(Reporting by Rishav Chatterjee in Bengaluru)
((Rishav.Chatterjee@thomsonreuters.com;))