BREAKING: Investment firm Morgans has just announced its latest recommendations for three major ASX 200 stocks—Domino’s Pizza Enterprises Ltd, Orica Ltd, and Xero Ltd. This urgent update is crucial for investors looking to make informed decisions in today’s rapidly changing market.
Morgans has maintained a BUY rating for Domino’s, setting a price target of $25.00 following the company’s recent annual general meeting. The broker described the update as positive, highlighting that Domino’s is expected to exceed FY26 consensus NPAT. Although Same-Store Sales (SSS) growth remains negative, Morgans believes the company’s transition to a new pricing strategy will ultimately enhance profitability. The stock, having surged 55% from its lows, is still trading at a FY26F PE of 16x, which is approximately 30% lower than peers.
In another update, Morgans has also issued a BUY rating for Orica, with a price target of $28.00. After the release of its FY25 results, which slightly exceeded consensus expectations, the broker highlighted Orica’s strong earnings and cash flow growth. The company has upgraded its medium-term growth targets and continues to strengthen its capital management initiatives. With a robust balance sheet and market-leading positions, Morgans emphasizes that Orica is well-positioned for further growth in FY26.
However, the outlook for Xero is not as optimistic. Morgans has downgraded its rating to ACCUMULATE and reduced the price target to $141.00 following concerns over increased investment expenses in the second half of FY26. The broker noted that while Xero’s 1H26 results met expectations, the inclusion of the Melio acquisition into forecasts has impacted EBITDA and free cash flow estimates. Morgans cautioned that it may take time for the market to recognize the value of Melio, which could hinder Xero’s ability to regain investor confidence.
Investors eager to capitalize on these insights should take note: the stock market is evolving rapidly, and these recommendations from Morgans could significantly influence your investment choices.
As of October 23, 2025, the market remains volatile, and investors are advised to act quickly based on these latest developments. Whether you’re considering adding Domino’s, Orica, or Xero to your portfolio, the time to make informed decisions is now.
Stay tuned for further updates as these stories develop, and remember to consult with financial experts to navigate these investment opportunities effectively.
