2157 GMT [Dow Jones] STOCK CALL: AWB (AWB.AU) upgraded to Overweight from Underweight, price target lifted to A$1.25 from A$1.20 vs yesterday's close at A$1.08, says JPMorgan. Brokerage upgrades after A$39.5 million class action settlement yesterday, which gives more certainty about potential legal liabilities; notes AWB's improved balance sheet strength after capital raising, sale of loan book; also says Landmark rural services business should generate strong rebound in earnings, margins, as demand lifts for farming inputs after good rainfall. (RCB)
AWB Price at posting:
$1.11 Sentiment: Buy Disclosure: Held
