0402 GMT - The Lottery Corp's bulls at UBS reckon that analysts elsewhere could be underestimating its ability to deliver earnings growth over the next few years. The investment bank's analysts write in a note to clients that the Australian lottery operator's digital strategy is core to their thesis, helping drive revenue growth and margin expansion. Digital is likely to be among marketing priorities also including efforts to capture incidental physical purchases, they add. UBS lifts its target price by 6.9% to A$6.20 and keeps a buy rating on the stock, which is up 1.8% at A$5.19. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
June 10, 2025 00:02 ET (04:02 GMT)
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