WiseTech Faces Risks in Both Directions From DSV's Progress -- Market Talk
Dow Jones
Feb 05
2217 GMT - DSV's faster-than-expected integration of DBSchenker is viewed at Citi as presenting both positive and negative risks to logistics software developer WiseTech Global. Analyst Siraj Ahmed tells clients in a note that the integration two years ahead of schedule looks like a revenue tailwind for the Australian company over the next 18 months. However, he points out that DSV's greater scale means it is looking at developing its own logistics solution over time. He estimates that DSV could represent 15% of WiseTech's fiscal 2029 Ebitda. Citi has a last-published buy rating and A$109.15 target price on the stock, which is at A$51.25 ahead of the open. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
February 04, 2026 17:17 ET (22:17 GMT)
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