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Breville Group upgraded to Buy from Neutral at Goldman Sachs
The Fly

Breville Group upgraded to Buy from Neutral at Goldman Sachs

Goldman Sachs upgraded Breville Group to Buy from Neutral with a price target of A$24.50, up from A$23.50. The firm says recent channel checks provide higher confidence on resilient U.S. demand, which coupled with recovering Europe and a more resilient consumer in APAC, should enable EPS compound annual growth of 11.5% in FY23-26.

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