Read the AFR today and apparently Goldman Sachs have downgraded AWE. I'd be interested to know what the new rating is and price target.
UBS maintained their rating last week but reduced their target share price 10c, but it's still rated Buy 1 with a price target of approximately $3.80.
Technical issues were disappointing but quality of reserves are good. Should find some support next quarter with drilling.
Cheers,
Robert
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