0220 GMT - Collins Foods keeps its bull at Morgans following a positive trading update. Maintaining a buy rating on the stock, analyst Keeley Walsh tells clients in a note that the Australian fast-food franchiser showed domestic resilience over the first 17 weeks of its 2027 fiscal year. On top of this, she points out that European same-store sales appear to have passed an inflection point following a weak start to the fiscal year. Walsh calls clients' attention to 3.1% growth in the Netherlands over the past four weeks, compared with a 7.8% decline in the first eight weeks of the period. A new Halal-certified range supported sales, she says. Morgans keeps its target price on the stock at 10.60 Australian dollars. Shares are up 1.1% at A$8.42.
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