ORG – Macquarie rates the stock as Outperform
Outperform retained, target falls to $6.87 from $7.08 on forex adjustments.
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KAR – Morgans rates the stock as Add
Add-rated Karoon Energy is the broker’s top small-cap pick in the sector and the target rises to $3.15 from $2.70.
Read MoreZ1P – ZIP CO LIMITED UBS rates the stock as Sell
Sell rating and $0.45 target price are unchanged.
Read MoreCNU – Macquarie rates the stock as Neutral
The Neutral rating and target price of $7.61 are retained.
Read MoreEML – UBS rates the stock as Buy
Buy rating retained, with the added caveat that investors will need to get comfortable again, given the leadership change. The target price had been cut to $2.10 from $2.30 only five days ago.
Read MoreLOV – Morgans rates the stock as Add
Add-rated Lovisa Holdings may yet become one of the biggest success stories in Australian retail, according to the analyst. The target falls to $21.50 from $24.00 on lower peer multiples.
Read MoreSBM – Macquarie rates the stock as Outperform
Target price rises 10% to $1.10. Rating upgraded to Outperform from Neutral.
Read MoreKSL – Morgans rates the stock as Add
For Kina Securities, the broker makes no changes to earnings forecasts and the Add rating, though raises the target price to $1.29 from $1.20 on a valuation roll forward.
Read MoreAKE – Credit Suisse rates the stock as Neutral
Target price for Allkem has been reduced to $11 from $14.70. Neutral.
Read MoreCHN – Macquarie rates the stock as Outperform
Target price rises to $7.50 from $7.30. Outperform rating retained.
Read MoreBHP – Credit Suisse rates the stock as Neutral
In case of a recession, Credit Suisse sees BHP as remaining more resilient than Rio Tinto. $40 target and Neutral rating retained.
Read MoreQBE – Morgans rates the stock as Add
The price target is increased to $14.76 from $14.45. The Add rating is unchanged.
Read MoreAGL – Morgans rates the stock as Add
The broker lowers its forecasts for FY23, which results in its target for AGL Energy falling by -3% to $9.67, while the Add rating is retained.
Read MoreIFM – UBS rates the stock as Buy
The Buy rating and target price of $2.15 are retained.
Read MoreAMC – Credit Suisse rates the stock as Neutral
The Neutral rating is retained and the target price increases to $17.85 from $17.00.
Read MoreFLT – Morgans rates the stock as Hold
The target price falls to $19.60 from $20.34, while the Hold rating is maintained.
Read MoreBHP – Credit Suisse rates the stock as Neutral
The Neutral rating is retained, while the target price falls to $40 from $50
Read MoreAMC – Macquarie rates the stock as Outperform
FY23, FY24 and FY25 EPS forecasts rise 1%. Target price rises to $19 from $18.07. Outperform rating retained.
Read MoreWPR – Morgans rates the stock as Add
The target price falls to $2.92 from $3.07. Add.
Read MoreCPU – UBS rates the stock as Buy
The Buy rating is retained and the target price increases to $28.00 from $27.00.
Read MoreBKL – Credit Suisse rates the stock as Neutral
Neutral rating and $90 target price retained.
Read MoreA2M – Credit Suisse rates the stock as Neutral
Neutral rating and $5.15 target price retained.
Read MoreCOL – UBS rates the stock as Neutral
The Neutral rating is retained and the target price increases to $18.75 from $18.00.
Read MoreAPE – Morgans rates the stock as Add
The broker downgrades forecasts for Eagers Automotive and the target price falls to $14.00 from $14.40, while the Add rating is unchanged.
Read MoreDMP – UBS rates the stock as Buy
The Buy rating and target price of $90.00 are retained.
Read MoreAUA – Morgans rates the stock as Speculative Buy
Morgans increases its target price for Audeara to $0.29 from $0.22. The Speculative Buy rating is unchanged.
Read MoreBBT – Morgans rates the stock as Add
The Add rating is unchanged and the target falls to $1.40 from $1.60.
Read MoreCSL – Macquarie rates the stock as Outperform
The Outperform rating and target price of $312.00 are retained.
Read MoreMFG – Credit Suisse rates the stock as Neutral
Before changing its Neutral rating for Magellan Financial, the broker would like to see a stabilisation of institutional flows and some outperformance by the Global Fund. The target price falls to $12.40 from $14.40.
Read MoreNHC – Morgans rates the stock as Add
The target price jumps to $4.69 from $3.67 and the Add rating is unchanged.
Read MoreBXB – Credit Suisse rates the stock as Outperform
The Outperform rating and $13.45 target price are unchanged.
Read MoreEBR – Morgans rates the stock as Speculative Buy
The target falls to $1.38 from $1.84 to reflect increased volatility and higher funding costs. The Speculative Buy rating is maintained.
Read MoreVCX – Credit Suisse rates the stock as Neutral
The Neutral rating and target price of $1.97 are retained.
Read MoreXRO – Morgans rates the stock as Add
Morgans initiates coverage on cloud-based accounting software platform Xero with an Add rating and target price of $90.25.
Read MoreTYR – UBS rates the stock as Buy
The broker retains its $2.30 target price and Buy rating.
Read MoreLTR – Macquarie rates the stock as Outperform
The Outperform rating is retained and the target price decreases to $1.85 from $1.90.
Read MoreANP – Morgans rates the stock as Speculative Buy
The target price falls to $0.27 from $0.58. The Speculative Buy rating is unchanged.
Read MoreAGL – Credit Suisse rates the stock as Outperform
Target price rises to $10.40 from $9.30. Outperform rating retained.
Read MoreBHP – Macquarie rates the stock as Outperform
The Outperform rating and target price of $51.00 are retained.
Read MoreCAR – Morgans rates the stock as Hold
The price target falls to $22.15 from $23.72. Hold.
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