** Citi raises PT on Australia's Bluescope Steel to A$24.5 from A$22.3; retains "neutral" rating
** Brokerage raises its FY26 estimate for steelmaker's earnings before interest and tax by 13%
** There's clear case pointing to valuation uplift when market starts to focus on FY27 and likelihood of additional 500 kilotons per annum capacity at North Star mine - Citi
** Seven of 13 analysts rate stock "buy" or higher, four "hold", two "sell"; median PT is A$24.55 – LSEG data
** Stock up 1.7% this year, as of last close
(Reporting by Rishav Chatterjee in Bengaluru)
((Rishav.Chatterjee@thomsonreuters.com;))
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