Australia's CSL rises as Citi upgrades to 'buy', raises PT
Updates
** Shares of Australia's CSL CSL.AX rise 1.4% to A$299, highest since early February
** Analysts at Citi upgrade the healthcare firm to "buy" from "neutral", raise PT to A$335 from A$305
** Brokerage says hopeful about positive performance on Australia's priciest stock in the second half of 2024
** Sees "less headline risks going into 2H CY24"
** Expects co "to be able to deliver double-digit growth despite the increasingly competitive environment medium term"
** Eleven of 16 analysts rate the stock "buy" or higher, four "hold" and one "sell" or lower; their median PT is A$312.68 – LSEG data
** Stock up about 3% this year, as of last close
Reporting by Rajasik Mukherjee and Rishav Chatterjee in Bengaluru
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