Temple & Webster Gets New Bull on Easing Valuation -- Market Talk

Dow Jones10-24

2258 GMT - The recent pullback in shares of Temple & Webster lures a new bull to the online furniture retailer. Bell Potter analyst Chami Ratnapala sticks by her earnings forecasts, but raises her recommendation to "buy" from "hold" amid easing valuations across Australia-listed consumer discretionaries. She tells clients in a note that she is optimistic about Temple & Webster's prospects for the key holiday trading season, pointing to supportive data points from online peers and a relatively unchallenging prior-year comparison. Bell Potter keeps a A$28.00 target price on the stock, which is at A$23.79 ahead of the open. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

October 23, 2025 18:58 ET (22:58 GMT)

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