# There are a lot of ASX shares to choose from on the Australian share market.

*business · news · 2026-04-08 · The Motley Fool Australia*

## Key points

- Morgans upgraded Coles to ACCUMULATE with a $22.90 target, citing strong supermarket execution.
- Coles' 1H26 result was softer than expected, but FY27 forecasts support an unchanged price target.
- Endeavour Group will retain its combined Retail and Hotels portfolio, with more strategy details due 27 May.
- Morgans raised Rio Tinto's target to $147, reflecting a higher iron ore price assumption of US$85/t.

**Companies:** Coles Group Ltd, Endeavour Group Ltd, Rio Tinto Ltd
**Countries:** Australia

[Read the full story on The Motley Fool Australia](https://www.fool.com.au/2026/04/08/buy-hold-sell-coles-endeavour-and-rio-tinto-shares/)

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