2107 GMT - REA Group gets a new bull at Jefferies on the stock's "excessive" decline over the past six months. Analyst Roger Samuel raises his recommendation to buy from hold. He tells clients in a note that the News Corp-controlled property advertiser can deliver double-digit yield growth without significantly increasing its marketing or R&D spending. Besides, he sees it as less likely than other comparable companies to be disrupted by AI. Samuel reckons the share-price decline of about 30% over six months "is excessive and presents an attractive entry point." The stock is at A$168.10 ahead of the open. News Corp is the parent company of Dow Jones & Co., publisher of The Wall Street Journal and Dow Jones Newswires. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
February 08, 2026 16:07 ET (21:07 GMT)
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