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AGL Energy Upgraded to Buy by Ord Minnett, Price Target A$11.25

AGL Energy logoAGL Energy
Sig0.85Sen+1.15Env0.00Soc0.00Gov0.00

AGL Energy was upgraded to a Buy rating and given a price target of A$11.25 by Ord Minnett. UBS also issued a Buy, while Morgan Stanley kept a Sell rating. For the quarter ended December 31, AGL Energy reported revenue of A$7.04 billion and net profit of A$94 million, compared with A$7.13 billion revenue and A$97 million net profit a year earlier.

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