Citi downgraded Beach Energy to Neutral from Buy with a A$1.60 price target. The analyst expects the company to issue a disappointing fiscal 2025 outlook, saying the consensus is too high on production and too low on capex.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BEPTF: