Audinate upgraded to Buy from Hold at Jefferies

Jefferies analyst Wei Sim upgraded Audinate (AUDGF) to Buy from Hold with a price target of A$12, up from A$9. Audinate’s Video business continued to show robust metrics contrary to feedback from industry channel checks, says the analyst, who adds that “financials and outlook suggest we’ve passed peak negativity and are on track for growth to resume in FY26.”