BUZZ-Macquarie lifts PT on Australian energy retailer Origin

Reuters05-01

** Analysts at Macquarie raise price target on Australia's Origin Energy to A$10.14 from A$9.97; maintain "outperform" rating

** Brokerage sees the energy retailer delivering structural growth and strong yield in the time ahead

** Says ORG is selling more watt/hour electricity, which will translate into earnings growth amid higher retail electricity market competition

** Lifts earnings estimates on co by 0.9% and 0.5% for FY25 and FY26, respectively

** Stock has risen 15.1% YTD, as of last close

(Reporting by Rishav Chatterjee in Bengaluru)

((Rishav.Chatterjee@thomsonreuters.com;))

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