0036 GMT - WiseTech Global's bulls at UBS don't sound too concerned by the price increases customers will experience under the logistics-software provider's new commercial model. While analysts Lucy Huang and Ailsa Lei acknowledge the need to watch for signs of elevated customer churn, they tell clients in a note that WiseTech's fee will still represent just 0.1% of a container shipment's value. Freight forwarders can also pass on this cost to end customers, they add. They anticipate annual price growth of about 5%, but see a chance for WiseTech to aim higher if freight forwarders pass on the cost. UBS cuts its target price 12% to A$115.00 and keeps a buy rating price on the stock, which is up 2.6% at A$74.48. ([email protected])

0023 GMT - Autosports Group's inorganic growth capacity and observation of improved trading conditions make it Macquarie analysts' pick among Australian vehicle retailers. The analysts tell clients in a note that dealer inventory looks generally healthy across the industry and gross profit margins probably bottomed out over the six months through June 2025. They have an outperform rating on both Autosports and Eagers Automotive, but prefer the former for its strong order growth, easing margin pressure and strong M&A pipeline. It looks well-placed for consolidation, they add. They keep a A$4.85 target price on the stock, which is down 1.8% at A$4.40. ([email protected])

2357 GMT - BetMakers Technology's exclusive five-year agreement with Betfair Australia to launch wagering brand CrownBet excites its bull at Ord Minnett. BetMakers will be the sole technology provider for the launch of CrownBet, expected to happen in 1Q of 2026. The agreement establishes a partnership with Betfair, whose parent is casino owner Crown Resorts. "This positive announcement from BetMakers illustrates the continued momentum of the business," analyst Milo Ferris says. "The signing of a Tier-1 customer like Betfair validates BetMakers's core technology platform, and we expect recent success to continue and drive the business forward toward medium-term targets." BetMakers is up 5.7% at A$0.185, still below Ord Minnett's A$0.26/share target price. ([email protected]; @dwinningWSJ)

2350 GMT - It will likely be difficult for Robex Resources to match Perseus's offer for Predictive Discovery that values the explorer at more than A$2.0 billion, reckons Citi. It notes that Robex would have to concede to 36% ownership of a merged entity, says analyst Jack Whelan. That looks hard to justify, given Robex and Predictive Discovery have similar market capitalizations. Predictive Discovery owns the Bankan gold project in Guinea, one of the largest undeveloped gold resources in Africa. "The 36% ownership of the MergeCo would have to be larger than their current market cap for the deal to make sense for Robex," Citi says. "Additionally, if Perseus do acquire Bankan, then we believe it would be in Perseus's interest to also acquire and consolidate with Robex's nearby Kiniero mine." ([email protected]; @dwinningWSJ)

2343 GMT - Property markets in Western Australia and Queensland have been particularly strong recently, and that's good news for developer Peet, which has multiple projects in each state, says Euroz Hartleys. Analyst Gavin Allen points to Peet's Flagstone development in Queensland, along with projects in Yanchep and Alkimos in WA, as examples. Peet's recent trading update signaled a FY 2026 net profit of A$74 million-A$78 million. At the top end, that would represent growth of 34% on Peet's record A$58.5 million profit in FY 2025. Euroz Hartleys raises the target by 11% to A$2.56 after upgrading its revenue and earnings forecasts. "Our previous numbers excluded any meaningful recovery from Victorian and ACT markets, which offers potentially unmodelled upside," Euroz Hartleys says. Peet is down 0.8% at A$1.945. ([email protected]; @dwinningWSJ)

2333 GMT - Megaport's bull at Citi worries that Amazon and Google's networking collaboration could reduce the Australian company's addressable market. Analyst Siraj Ahmed tells clients in a note that the U.S. tech developers' networking service--which enables customers to quickly establish links between the companies' cloud platforms--could hit demand for Megaport's connectivity services. More positively, Ahmed observes that the Amazon-Google collaboration points to strong growth in cross-platform deployments. Separately, he sees potential for Megaport to partner with Amazon Web Services on last-mile connectivity services. Citi has a buy rating and A$16.30 target price on the stock, which is up 0.7% at A$13.07. ([email protected])

2311 GMT - HomeCo Daily Needs REIT's shares are trading close to three-year highs, despite issues affecting other property companies sponsored by HMC Capital. This rally doesn't dissuade Jefferies from starting the stock at buy, noting its enviable track record of delivering both earnings growth and operational excellence. Analyst Andrew Dodds gives several reasons why equity markets should "reward HomeCo Daily Needs REIT with the cost of capital it deserves." They include limited scope for additional manager led selldowns and a favorable hedging profile. Jefferies also likes HomeCo Daily Needs REIT's superior comparable net operating income growth and incremental earnings growth from a large pipeline of development opportunities. Jefferies has a A$1.58/share price target on HomeCo Daily Needs REIT, which is down 0.7% at A$1.375 today. ([email protected]; @dwinningWSJ)

2307 GMT - Goodman's newest bull sees the industrial property owner upgrading its earnings guidance in February. Goodman stuck with a forecast for 9% operating EPS growth in FY 2026 when updating shareholders on its 1Q performance last month. Jefferies, however, expects Goodman to lift it to 10% growth when announcing its 1H result. This would be in line with consensus expectations, analyst Andrew Dodds says. "Whilst the 1Q FY26 update did appear operationally weak, we expect a very strong remainder of FY26 underpinned by a material step change in development commencements and WIP," Jefferies says. It starts coverage of Goodman at buy with a A$36.11/share price target. Goodman ended Wednesday at A$30.17. ([email protected]; @dwinningWSJ)

2145 GMT - WiseTech Global's bull at Jefferies feels more confident about the logistics-software provider's fiscal 2026 guidance following its investor day. Analyst Roger Samuel reckons that this year's event was more positive in tone than last year's. He likes the Australian company's increased clarity on key initiatives, including the specific pricing details for its new commercial model. Samuel sees the new model raising prices for customers by about 7% and thinks that WiseTech will further raise prices as it provides more value to users. Jefferies keeps a buy rating and A$89 target price on the stock, which is at A$72.58 ahead of the open. ([email protected])

2142 GMT - Strength in New Zealand residential building consents over the past three months has surprised Macquarie, which raises its target on construction-products maker Fletcher Building by 8.8% to NZ$1.73. Moves by local governments to progressively shift more road and water infrastructure to land developers may be pulling forward approvals activity, analysts say in a note to clients. Still, the analysts reiterate an underperform rating citing "predominantly negative catalysts." They estimate the consent rate to be roughly 30% higher than sustainable levels. Fletcher Building is down 0.3% at NZ$3.45. ([email protected]; @RhiannonHoyle)

(END) Dow Jones Newswires