Commonwealth Bank Surges 39%, Trading Above Target

Commonwealth Bank of Australia sees a 39% surge, hitting A$155.12 per share, surpassing the A$104.37 average price target. RBA rate decisions crucial for future performance.

A dynamic graph showing Commonwealth Bank's stock surge, with the bank's logo, set against a backdro
Commonwealth Bank Surges 39%, Trading Above Target

Commonwealth Bank of Australia jumped 39% and became the most valuable company on the local bourse, trading at A$155.12 per share, above the average 12-month price target of A$104.37.

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