0408 GMT - Netwealth's acquisition of workflow and automation platform Paradino looks strategically sensible to Jarden analysts, who reckon it will strengthen the wealth manager's prospects with advisers over the medium term. With an unchanged neutral rating on the Australia-listed stock, the analysts tell clients in a note that the platform productivity benefits touted by Netwealth should allow advisers to take on more clients and drive stronger inflows. Less positively, they say they can't tell whether the acquisition materially moves Netwealth ahead of peers or how sustainable the offering will be in the face of artificial-intelligence-driven competition. Jarden trims its target price 1.0% to 24.20 Australian dollars. Shares are down 1.3% at A$18.71.
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