BUZZ-Australia's Brambles drops; Jarden flags negative pricing as unfounded overhang

Reuters04-11

** Market concerns about pricing growth dynamics to turn negative for logistics firm Brambles has been mounting since 1H24 results - brokerage Jarden

** Brokerage does not agree with market concerns that pricing dynamics are similar to last time BXB reported negative pricing growth

** Jarden adds market's analysis of pricing concerns are likely overstated

** Factors affecting destocking in the past were significantly different from current scenario - brokerage

** Inventories data shows pricing growth set to moderate but remain positive - brokerage

** BXB shares currently down 0.7%

** Jarden has an "overweight" rating and PT of A$15.70 on company's shares

** Stock up 17.5% this year, as of last close

(Reporting by Rishav Chatterjee in Bengaluru)

((Rishav.Chatterjee@thomsonreuters.com))

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