From the wires:
An earnings upgrade from credit provider Money3 encourages Shaw to lift its stock target 9.4% to A$2.55 as the broker projects "strengthening structural tailwinds towards providing auto loans in a progressively uncrowded market space." It also thinks a stock rerating could be on the horizon as Money3 exits emergency loans for auto and other lending. Money3 is up 0.5% today at A$2.08 and 27% for the year.
MNY Price at posting:
$2.08 Sentiment: Buy Disclosure: Held
