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(Updates) * Shares of Treasury Wine Estates climb 1.8% to A$5.795, their highest since August 17 * Stock on track to log biggest intraday gain since October 2, if current trend holds * Citi says TWE AGM update was modestly positive versus the FY26 result * Brokerage says Penfolds China 1Q27 depletions were slightly ahe
* Citi says Treasury Wine Estates' AGM update was modestly positive versus the FY26 result * Brokerage says Penfolds China 1Q27 depletions were slightly ahead of company expectations, while US power brands and regional heroes continued to show strengthened growth * Citi notes initiatives delivering an A$40 million ($27