Aussie Broadband Could Beat E&P's Connections Estimate -- Market Talk
Dow Jones
Oct 14
0534 GMT - Aussie Broadband's trading update is seen by E&P analyst Entcho Raykovski as suggesting potential upside to his fiscal 2026 connections forecast. He makes no changes to his forecasts following the telecommunications provider's trading update, but tells clients in a note that subscription growth picked up following the increase in speeds to the government-owned national broadband network on which the company operates. If this persists, Raykovski reckons that full-year connections could be stronger than his estimates. E&P keeps a positive recommendation and A$6.00 target price on the stock, which closed 3.1% lower at A$5.60. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
October 14, 2025 01:34 ET (05:34 GMT)
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