REA Group shares rose 1.1% to A$236.76 after UBS increased its price target to A$268, citing strong first-quarter results that exceeded market expectations. The company is poised for significant growth in FY25, with sales estimates for FY25-27 revised upwards by 2% on average. In contrast, smaller rival Domain Holdings saw a 1.9% decline in shares, highlighting REA's outperformance, particularly in Sydney and Melbourne.
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