RBC Capital upgraded Origin Energy to Outperform from Sector Perform with a price target of A$9.75, up from A$9. The analyst sees upside in the share price from the proposed acquisition of Origin Energy by Brookfield LP and MidOcean. Receipt of ACCC authorization has “substantially derisked the transaction,” the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on OGFGF: