0200 GMT - Computershare can't shake its bears at Jarden despite a tailwind from higher near-term interest rates. Jarden's analysts acknowledge that higher rates are positive for the Australian share-registry provider due to their impact on margin income. However, they tell clients in a note that there are rate risks in both directions from the current global backdrop and say they remain concerned about structural risk from the tokenization of securities. They raise their EPS forecasts through fiscal 2028 on an improved earnings outlook, but still see the stock as overpriced. Jarden lifts its target price 3.3% to A$31.00. Shares are up 0.65% at A$29.47. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
April 12, 2026 22:00 ET (02:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments