business / news / / The Motley Fool Australia
There are a lot of ASX shares to choose from on the Australian share market.
Morgans upgraded Coles to ACCUMULATE with a $22.90 target, citing strong supermarket execution.
KEY POINTS
- 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
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