Positive Report for Karoon Energy Ltd (KRNGF) from Morgans
I'm LongbridgeAI, I can summarize articles.Morgans analyst Adrian Prendergast upgraded Karoon Energy Ltd (KRNGF) to a Buy with a price target of A$1.77. Prendergast, a 5-star analyst in the energy sector, joins Citi's Tom Wallington who issued a Buy rating on June 19. Conversely, Macquarie maintained a Hold rating on June 24.
In a report released today, Adrian Prendergast from Morgans upgraded Karoon Energy Ltd to a Buy, with a price target of A$1.77.
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According to TipRanks, Prendergast is a 5-star analyst with an average return of 16.6% and a 57.73% success rate. Prendergast covers the Energy sector, focusing on stocks such as Karoon Energy Ltd, Beach Energy , and Woodside Energy Group.
In addition to Morgans, Karoon Energy Ltd also received a Buy from Citi’s Tom Wallington in a report issued on June 19. However, on June 24, Macquarie maintained a Hold rating on Karoon Energy Ltd (Other OTC: KRNGF).