Macquarie cuts Aussie FleetPartners' PT; asset growth seen as key driver
26/11/2025 22:56
** Macquarie nudges FleetPartners' FPR.AX price target down 2.5% to A$3.59, citing share count adjustments and a valuation roll-forward ** Vehicle leasing firm's FY25 NPATA, reported in mid-November, was ~7% beat vs MRE forecasts ** Macquarie sees asset growth as the key driver ahead, with margins now largely holding steady ** YTD stock up 8.2% as of last close (Reporting by Kumar Tanishk in Bengaluru) ((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))