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News 2026-10-12 19:01 UTC

BUZZ — Jefferies cuts Bank of Queensland PT ahead of FY26 results

* Jefferies cuts price target on Bank of Queensland to A$5.60 from A$5.68 and maintains "underperform" rating ahead of its FY26 result on October 15 * Brokerage expects FY26 cash earnings to fall 14% to A$329 million ($228.85 million) and pre-provision operating profit to decline 10% to A$526 million * Says BOQ's strat