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News 2026-10-15 20:18 UTC

BUZZ — Jefferies, Morningstar positive on AMP after Q3 update

* Jefferies raises its price target on AMP to A$2.80 from A$2.77 and maintains a "buy" rating following the company's third-quarter update * Brokerage says platform net cash flows rose 20% YoY, while AMP's New Zealand Wealth Management business delivered its strongest quarter since 2023 * Jefferies says FY26 YTD platfo