2341 GMT - Computershare gets a new bull at Citi with the outlook for its key business activities appearing increasingly positive. Raising his recommendation to buy from neutral, analyst Nigel Pittaway tells clients in a note that the Australian share-registry provider remains positively exposed to a pick-up in M&A, IPOs and debt issuance. He says that activity in these areas seems to be rising, albeit still a little mixed. He trims his EPS forecasts to reflect a further downward move in the interest rate curve but thinks that material downside from here seems relatively unlikely. Citi trims its target price 2.0% to A$39.60. Shares are down 0.5% at A$33.80. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
January 13, 2026 18:41 ET (23:41 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.