0134 GMT - Alcidion's latest contract provides further credibility for future competitive tenders in the U.K., according to the medical-tech provider's bull at Bell Potter. Analyst Thomas Wakim says the A$8.5 million up-front component of Alcidion's deal with UHSussex provides increased confidence that the Australian company will achieve its FY26 Ebitda guidance. Raising his FY26 revenue forecast, Wakim tells clients in a note that he wouldn't be surprised if UHSussex adds additional modules over the coming years. He sees further contract announcements as the most likely stock catalysts over the coming months. Bell Potter keeps a buy rating and A$0.16 target price on the stock, which is up 2.3% at A$0.1125. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
May 25, 2026 21:34 ET (01:34 GMT)
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