Credit Suisse lifts its target price on Santos (STO) to $8.20 vs $7.50 and its Oil Search (OSH) target rises to $9.10 vs $8.70, after the broker lowered its Australian dollar forecast to $US0.8000 for the rest of the decade vs $US0.8500 previously forecast.
http://businessnow.theaustralian.co...l-search-santos-targets-on-lower-a-forecasts/
The coming quarterly report (tomorrow?) should push OSH sp much higher ....
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- Oversold - $9.10 price target
Oversold - $9.10 price target
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Currently unlisted public company.
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
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