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WiseTech shares decline amid leadership changes and mixed earnings outlook
WiseTech Global's shares have plummeted over 25% in six months amid an internal review, dropping from $137 to $90, despite a 38% rise in first-half profit and a dividend increase. Analysts remain optimistic, with an average 'Buy' recommendation and a price target suggesting potential gains of up to 70%. However, concerns about governance persist following the resignation of four directors and Richard White's return as Global Executive Chairman.
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