0227 GMT - CAR Group's orderly succession process and initial fiscal 2026 outlook reassures its bull at Jefferies that the change in its CEO won't present any difficulties. Analyst Roger Samuel tells clients in a note that the Australian vehicle advertiser's comment that it is "well positioned to deliver excellent results" in the year ahead eases concerns around the transition from departing Chief Executive Officer Cameron McIntyre to his successor. Having already promoted its local MD from within, CAR's elevation of CFO William Elliott to the CEO role highlights the strength of its management talent and succession planning, Samuel says. Jefferies lifts its target price 6.0% to A$42.10 and keeps a buy rating on the stock, which is up 3.5% at A$37.635. ([email protected])

0157 GMT - TPG Telecom could return as much as A$2.7 billion to shareholders from the sale of its fixed-line assets, Jarden analysts reckon. TPG has regulatory clearance to sell the assets to privately held Vocus in a deal that is expected to yield net proceeds of about A$4.7 billion. The Jarden analysts write in a note that what happens to this depends on the level of leverage that TPG management is comfortable with. Their assumption is that TPG will pay down A$2.4 billion in debt and return A$2.3 billion to shareholders. However, they calculate that a net debt of three times Ebitda could mean shareholders get closer to A$2.7 billion. Jarden lifts its target price 7.8% to A$5.50 and stays overweight on the stock, which is up 0.5% at A$5.60. ([email protected])

0143 GMT - Telstra investors should expect another buyback announcement when the Australian telecommunications provider announces its annual result next month, Jarden analysts say. They reckon that Telstra, which only completed a A$750 million on-market buyback last month, has sufficient cash flow and excess capital to announce a new A$800 million buyback in fiscal 2026. However, they tell clients in a note that they wouldn't be surprised if it was as large as A$1 billion. Jarden lifts its target price 4.6% to A$4.90 and keeps an overweight rating on the stock. Shares are up 0.1% at A$4.965. ([email protected])

0137 GMT - RBC Capital Markets sees BHP's "strong" 4Q operational and cashflow performance as the focus of its latest result. That is giving tailwinds to the stock, which is up 2.3% at A$40.02. RBC highlights a 4Q beat on production and FY26 guidance in line with expectations. One-off disclosures are generally positive, although 4Q pricing is mixed, RBC says. The operational result is partially offset by the Jansen stage one capex increase and delay, the broker says. RBC has a sector perform rating and A$44.00 target on BHP. ([email protected]; @RhiannonHoyle)

0136 GMT - Higher costs at BHP's Jansen potash project offset a strong operational performance, Jefferies analysts say following the miner's 4Q production results. The analysts say the "blowout at Jansen is the clear negative" and that "the fundamental outlook for potash is very challenging, in our view." BHP's 4Q production results are strong, however, they say. "All things considered, we believe the risk/reward tradeoff in BHP is balanced for now." Jefferies reiterates a hold rating on BHP. The stock is up 2.5% at A$40.10. ([email protected]; @RhiannonHoyle)

0128 GMT - Investors shouldn't expect any formal guidance from Superloop when the fixed-line telecommunications provider reports its fiscal 2025 results, Jarden analysts warn. They expect underlying operating momentum to continue into fiscal 2026, but don't anticipate any formal guidance until October's annual general meeting. Any outlook commentary at that point is likely to be conservative, they reckon. The Jarden analysts point out in a note to clients that Superloop has a track record of beating its upfront estimates, but caution that subscriber growth from its partnership with Origin Energy is out of its control. Jarden raises its target price 3.3% to A$3.10 and stays overweight on the stock, which is up 2.4% at A$3.02. ([email protected])

0123 GMT - Wilsons analysts say it will be hard to quantify the impact on Select Harvests of recent almond price weakness on the nut farmer. With the Australia-listed company opting against reaffirming annual price guidance, analyst James Ferrier and Declan Carroll say that sharp drops in spot almond prices over the past week introduce earnings risk. However, they tell clients in a note that price volatility and differences across variety and grade make it hard to nail down the impact. They maintain a market-weight recommendation for Select Harvests for now. Wilsons cuts its target price 17% to A$4.02. Shares are down 3.3% at A$3.79. ([email protected])

0121 GMT - The remainder of 2025 is seen by Jarden analysts as a pivotal period for Aussie Broadband to potentially grab market share from rival providers. They flag the impending acceleration of download and upload speeds on Australia's national broadband network as a key event likely to drive elevated levels of customer churn across the fixed-line communications industry. This looks like an opportunity for challengers such as Aussie Broadband, they write in a note to clients. However, they think that competition appears to be ramping up and lack sufficient conviction to raise their recommendation to buy. Jarden raises its target price 3.4% to A$4.50 and stays overweight on the stock. Shares are down 0.2% at A$4.13. ([email protected])

0102 GMT - CAR Group's leadership change is seen by Morgans analyst Steven Sassine as a demonstration of the bench strength and quality of management developed under its departing chief executive. Sassine concedes that CEO Cameron McIntyre's decision to step down is a loss to the Australia-listed vehicle advertiser, but is nonetheless positive on the elevation of CFO William Elliott as his successor. He marginally lowers his revenue and earnings forecasts for the next three years, but the changes are linked to CAR's unaudited fiscal 2025 results rather than the management changes. Morgans keeps an accumulate rating and A$40.80 target price on the stock, which is up 1.9% at A$37.025. ([email protected])

0041 GMT - ResMed's bulls at Jarden see potential for the breathing-tech maker's 4Q gross margin to surprise to the upside. Analysts Steve Wheen and Tristan Maher forecast on-quarter margin expansion of 20 bps, but tell clients in a note that an even greater improvement is possible. They cite manufacturing and distribution efficiencies, product mix, scale advantages and currency tailwinds as reasons for their optimism. While their 60.1% margin forecast is in line with consensus, they observe that a result of 60.5% would lift EPS by 1.3% relative to their forecasts. Jarden has an overweight rating and A$40.55 target price on the stock, which is down 0.1% at A$39.48. ([email protected])

(END) Dow Jones Newswires