Citi analysts have raised their core NPAT estimates for Baby Bunting Group by 2% to 24%.

They cite better-than-expected sales in June and cost-out initiatives as reasons for the increase.

Citi also upgraded the rating to “neutral” from “sell”, with a new price target of A$1.65.

The company’s cost-out of A$6-8 million was considered a positive surprise, but the benefits might be offset by the cost of new stores and potential inflation.

Analysts at Citi say Nickel Industries Ltd (ASX:NIC) is expected to see higher volumes and reduced costs in the September quarter after commissioning a power plant at its Oracle Nickel (ONI) project.

The ONI project reported a total nickel production of 10,141 tonnes for the quarter, nearly double compared to the previous quarter.

Citi has given the company a price target of A$1.00 and rates it as “neutral.” Four out of seven analysts rate the stock as “buy” or higher.

The company’s shares are down 15.0% year-to-date.

Citi sees softer fund inflow for Australia’s Netwealth Group (ASX:NWL) given macro uncertainty and lower re-margin.

Brokerage retains ‘neutral’ rating for the company and maintains target price at A$14.

Citi forecasts FY23 revenue margin of 33.5bps and FY24 revenue margin of 33.0bps.

The brokerage also forecasts FY24 flows of A$10.2 billion ($6.85 billion) for NWL.

Netwealth Group had previously reported an 87.5% surge in net inflows to A$3.15 billion in the fourth quarter from the previous quarter.

Four of 14 analysts rate the stock ‘buy’ or higher, seven ‘hold’, and three ‘sell’ or lower; their median PT is A$14.0.

The stock has risen 25.3% this year, as of last close.

Netwealth Group Ltd is an Australian financial services company that provides investment management services.

Citi expects Australian fashion retailer Universal Store Holdings (ASX:UNI) could report declining like-for-like sales in its HY trading update.

Increased cost-of-doing business expenses likely to put pressure on margins in FY24.

Brokerage cuts FY23 NPAT estimates by 3% and FY24 NPAT by 10% for UNI.

Raises PT to A$3.43 from A$3.34, maintains ‘neutral’ rating.

Seven of nine analysts rate the stock ‘buy’ and two ‘hold’; their median PT is A$4.20.

UNI stock down 30.9% YTD.

Analysts at Jefferies see Australian casino operator Star Entertainment reporting FY23 EBITDA at the top end of co’s forecast range of A$280 mln to A$310 mln.

Jefferies will look for commentary on any recovery in consumer spending slowdown in Queensland.

The brokerage says it will be difficult for Star Entertainment to alleviate concerns on structural issues at the FY result.

There are number of regulatory issues like ASIC proceedings and class actions at play that are currently pressuring the stock.

Star Entertainment announces FY results on Aug 24.

Four of 9 analysts rate the stock ‘buy’, 4 ‘hold’ and 1 ‘sell’, their median PT is A$1.23.

As of last close, Star Entertainment down 31.6% YTD.

Star Entertainment (ASX:SGR) is an Australian casino operator.

Analysts at Morningstar expect softening Australian demand and intense competition to impact near-term earnings of specialty retailer Premier Investments (ASX:PMV).

Apparel retailers have increased discounting to move seasonal stock with demand waning, which is hurting their gross margins.

Morningstar states that consumers have been curtailing non-discretionary spending significantly.

PMV’s apparel sales in Australia and New Zealand are expected to drop by 13% in H2 FY23.

The brokerage’s earnings estimate for PMV is 13% below median FactSet consensus.

Shares of MedAdvisor rise as much as 2.3%.

FY23 gross profit of A$59.4m, up 81.4% from a year ago.

FY23 revenue rose 44.5% to A$98m.

MedAdvisor is a medication technology company.

Shares of Atturra jump as much as 9.1% to A$0.30, marking their biggest intraday percentage gain since July 20.

The company expects to post FY23 earnings before interest and tax (EBIT) between A$16.3 million and A$16.6 million, up from A$12.2 million a year ago.

Atturra also expects consolidated revenue between A$176 million and A$179 million, from $134.6 million a year earlier.

ATA is the second-biggest percentage gainer on the ASX All Ordinaries index and its stock hits the highest level since July 24.

The stock is down 25.7% year-to-date, as of the last close.

Atturra is a company in the Media & Publishing and Cyclical Consumer Services industries.

Shares of gold miner Ramelius Resources rise 2.4% as June quarter production increases 27% and all-in sustaining cost decreases 12%.

Ramelius FY24 guidance in line with estimates.

Macquarie expects positive momentum for FY24 and FY25.

Stock up 36% this year.

Shares of Chinese copper miner MMG (ASX:MMG) fall as much as 4% after H1 loss expectation of $58.8m compared to $79.5m net profit a year earlier.