BellPotter Marketing

CGC’s CY22e trading update quantifies the impact of the citrus quality issues while highlighting reasonable trading conditions across the remainder of the portfolio.

The first quarter of fiscal 2023 has proved to be another exceptionally challenging period for global equity markets.

We initiate coverage of DRO with a BUY recommendation and a 12 month price target of $0.24.

Earlier this week Catapult provided an update of sorts and we have outlined the key points.

We have lifted our near-term lithium price outlook, and have increased our price target to $20.04 per share, up from $18.76 per share for Allkem.

We have reviewed our forecasts post the release of the FY22 result last month for Altium (ALU) and put through modest revenue and EBITDA upgrades of 1%, 2% and 3% in FY23, FY24 and FY25.