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News 2026-10-14 04:15 UTC

BUZZ — Australia's L1 Group slips, Morningstar says shares overvalued

* Shares of Australia's L1 Group fall 1.7% to A$1.15, set for worst session since October 1 if current losses hold * Morningstar analysts say group's current share price reflects expectations of strong investment returns, sustained net inflows and expanding margins, a combination they view as unlikely * Adds Platinum,