0348 GMT - Perenti Global's latest contract wins don't move the dial for the mining services provider's bulls at Jefferies. ASX-listed Perenti's multiple new contracts across its five drilling businesses are expected to generate about 185 million Australian dollars in FY 2027 revenue, but analysts John Campbell and William Richardson say their forecasts already implicitly required such wins. They say in a note to clients that Perenti's announcement of the contracts didn't prompt it to upgrade guidance. They raise their forecast for FY 2027 drilling revenue growth to 14% from 13%, but leave margin expectations unchanged. Jefferies keeps a buy rating on the stock with a target price of A$2.80. Shares are up 3.7% at A$2.23.
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