2244 GMT [Dow Jones]--Ansell's bull at Jefferies is impressed at how the personal-protective equipment maker managed to raise prices while simultaneously delivering on strategy and acquisition integration. Maintaining a buy rating on the stock, analyst Vanessa Thomson tells clients in a note that she expects positive momentum to continue into the current fiscal year, with sales growth and productivity gains in the cards. Thomson likes how Ansell has refined supply chains and improved sourcing productivity in response to heightened geopolitical uncertainty, and thinks this will continue. Jefferies raises its target price on the ASX-listed stock 16% to 44.50 Australian dollars. Shares are at A$38.24 ahead of the open.
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