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In a report released today, Shaun Cousins from UBS maintained a Buy rating on JB Hi-Fi Limited, with a price target of A$94.
Shaun Cousins from UBS reaffirmed a Buy rating on JB Hi-Fi with a A$94.00 target.
KEY POINTS
- JB Hi-Fi's latest quarterly revenue rose to A$6.09 billion, up from A$5.67 billion last year.
- Net profit for JB Hi-Fi increased to A$305.8 million from A$285.4 million year-over-year.
- Recent insider activity shows increased buying of JB Hi-Fi shares, indicating positive insider sentiment.
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