BUZZ — Citi keeps 'buy' on Australia's Paladin after production miss; sees 2H recovery

* Citi says uranium miner Paladin's 1QFY27 production missed its expectations due to weaker recoveries * Brokerage notes PDN reiterating FY27 outlook, with improving recoveries and grades expected to support a production recovery weighted to the second half of FY27 * Citi is disappointed by weaker cash generation due to lower receipts and higher costs, but it continues to see limited funding risk for PLS * Adds, management remains open to a strategic partner, which Citi believes could unlock value beyond funding benefits * Citi keeps its "buy" rating * Stock down nearly 9% YTD, as of last close (Reporting by Rajasik Mukherjee in Bengaluru) ((Rajasik.Mukherjee@thomsonreuters.com)