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DJ MARKET TALK: UBS Lifts Arrow, ROC Price Targets

0205 GMT [Dow Jones] STOCK CALL: UBS lifts Arrow Energy (AOE.AU), ROC Oil (ROC.AU)
price targets after increasing 2009 oil price forecast to US$62.30/bbl from US$59.10/bbl,
2010 forecast to US$75/bbl from US$70/bbl, and 2011 forecast to US$80/bbl from US$71/bbl.
Lifts Arrow target to A$5.19 from A$4.76 vs A$3.98 last trade with Buy recommendation,
forecasts more material coal seam gas reserves additions, plus increased production,
electricity sales growth. Ups ROC target to 94 cents from 83 cents vs 67 cent last trade
with Buy recommendation. (RRK)

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