0353 GMT - Nine Entertainment needs to execute on its strong monetization strategy if it is to turn UBS analysts bullish on the stock. With an unchanged neutral rating on the Australian media conglomerate, the UBS analysts tell clients in a note that they see growth opportunities in Nine's digital assets in streaming and publishing. They point out that growth in digital is now exceeding declines in print, but reckon that the shares will only rerate once Nine shows sustainable double-digit Ebitda growth at its broader digital and publishing business. UBS keeps a A$1.22 target price on the stock, which is down 3.3% at A$1.11. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
November 12, 2025 22:53 ET (03:53 GMT)
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