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REA Group upgraded to Overweight from Neutral at JPMorgan

JPMorgan upgraded REA Group (RPGRF) to Overweight from Neutral with a A$225 price target The stock de-rated and at current levels the firm sees value, the analyst tells investors. The firm sees concerns around the risk of AI dis-intermediation and disruption as likely longer-term risks that will not materialize near term, the analyst added.

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