Daily FNArena News - Australia

Brokers lower price targets after Hub24’s fourth quarter net inflows were impacted by market volatility though generally remain upbeat on the longer-term outlook

Following ResMed’s purchase of Medifox Dan, brokers remain upbeat though some question the benefits of SaaS acquisitions to date

Overseas expansion could be a lucrative growth opportunity for Jumbo Interactive, if the company can overcome barriers to enter the market

Cleanaway Waste Management has outlined growth opportunity in the waste-to-energy market, but investors are warned costs will increase sizeably in coming years to accommodate it

Despite recent rain events and covid impacts, brokers remain confident on the outlook for Maas Group after recent confirmation of FY22 guidance

Rising rates, a slowing economy and falling house prices are creating operational headwinds for Wesfarmers

Following a fourth quarter trading update from Audinate Group, brokers remain Buy-rated and positive on the outlook

TechnologyOne stands out as a low risk, reliable performer with a proven track record and plenty of growth ahead in today’s beaten-down technology sector on the ASX

Research by Jarden suggests an improving hotels and cinema outlook will overcome discretionary spending concerns for Event Hospitality and Entertainment

While still outperforming global peers year-to-date, the ASX200 experienced a -2.6% loss (total return) in May as losses in the real estate and technology sectors outweighed a small gain in the materials sector