1 October we become SureStone CapitalSame team, same ABN. Our website and email addresses move to surestone.com.au.
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Morgan Stanley, Morgans and UBS have all downgraded Accent Group following the retailer's earnings downgrade.
Morgan Stanley adds that a trading conditions recovery remains uncertain, and rates the stock 'underweight', with a $0.95 target price.
Jefferies has cut its target price on WIseTech to $89 because of the investigation by the corporate regulator into share sales by WiseTech's founder, Richard White, and three employees.
The broker has cut its FY26 earnings forecast for WiseTech by around 10%
Elsewhere - Citi has a 'buy' on Lifestyle Communities, with a $7 target price...
The residential home developer has published an upbeat sales update, with Citi saying this confirms feedback from other developers that the Melbourne market is starting to recover.
Meanwhile - Jefferies has warned of a tough first half of the financial year for Tabcorp...
Jefferies says that near-term earnings will be pressured by a lack of New South Wales licence reforms, and by ongoing yield drag.
However the broker anticipates a racing revival for the betting firm, and retains its 'buy' on Tabcorp... with a $1.07 target price.
