dow jones..credit suisse..target 11.55

1055 [Dow Jones] Credit Suisse says Computershare's (CPU.AU) analyst briefing detailed short-term factors, such as the post-merger clean up activity, that should serve to mitigate the possible decline from a slowdown in corporate actions revenue. "While acknowledging the structural headwinds that face CPU, we see the group as presently positioned positively to grow through the cycle, with the scalability benefits providing a significant cost out opportunity for the group at this juncture," analyst says. Maintains Outperform. Target price A$11.55 vs last trade A$8.34, down 9 cents. (SVM)