In the good books
1. SENEX ENERGY (SXY) was upgraded to Hold from Lighten by Ord Minnett
Ord Minnett adjusts oil price forecasts for the March quarter which leads to a lift in forecasts for the June quarter to US$70/bbl, and US$65/bbl for the remainder of 2019 and 2020. The broker upgrades Senex Energy to Hold from Lighten based on valuation. Target is raised to $0.40 from $0.34. This stock is not covered in-house by Ord Minnett. Instead, the broker whitelabels research by JP Morgan.