0452 GMT - WiseTech Global loses its bull at Jefferies on limited visibility over how the logistics-software provider plans to deliver the accelerated revenue growth it needs to hit fiscal 2027 guidance. Lowering his recommendation to hold from buy, analyst Roger Samuel tells clients in a note that performance of WiseTech's CargoWise platform across the six months through June suggests that it needs a significant uplift in the second half of the current fiscal year to deliver on guidance for 12%-20% annual growth. "WiseTech may do well at cost-cutting, but it eventually needs to demonstrate strong top-line growth for the stock to re-rate," he writes. Jefferies cuts its target price 25% to 45.00 Australian dollars. Shares are down 3.1% at A$39.64.
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