** Analysts at Jefferies are optimistic about Australian tech firm Iress' IRE.AX FY24 result
** Jefferies expect co to post net profit after tax attributable (NPATA) of A$51.6 million ($32.28 million), compared with A$10.3 million reported a year ago
** "Company should announce the reinstated dividend plan for FY25" - Jefferies
** Brokerage sees the sale of super business by co as "positive"
** Hikes price target to A$10.15, retains "hold" rating
** Four of eight analysts rate the stock "buy" or higher, four "hold"; their median PT is A$10.52 – LSEG data
** Stock up over 3% this year as of last close
($1 = 1.5985 Australian dollars)
(Reporting by Rajasik Mukherjee in Bengaluru, editing by Deepa Babington)
((Rajasik.Mukherjee@thomsonreuters.com))
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