Tiger Brokers

BUZZ-Australia's Tuas rises; Morgan Stanley lifts FY26 EPS outlook on strong HY

Reuters
14 hours ago
BUZZ-Australia's Tuas rises; <a href="https://laohu8.com/S/MSPQL">Morgan Stanley</a> lifts FY26 EPS outlook on strong HY

** Telecom firm Tuas TUA.AX rises as much as 1.6% to A$6.30

** Morgan Stanley lifts FY26 EPS forecast by 14% on strong HY results; upgrades FY27 and FY28 EPS estimates by 11% and 2%, respectively

** Retains PT at A$10, reiterates "underweight"

** Co posts HY statutory profit attributable of S$8.2 million ($6.4 million) vs year-ago S$3 million

** Morgan Stanley says co sees wide range of incremental synergy opportunities if M1 acquisition completed

** Two analysts rate stock "buy" or higher; mean PT at A$10.79, per data compiled by LSEG

** YTD, TUA down 12%

($1 = S$1.2811)

(Reporting by Keshav Singh Chundawat in Bengaluru)

((Keshav.singhchundawat@thomsonreuters.com))

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