Beach Energy's big lift to reserves estimates pushes up the stock target 32% to A$1.62 at Citi, but the investment bank still considers shares expensive amid this year's 47% surge to A$1.835. It, though, is looking more favorably at Senex Energy and its reserves. Citi gives up the bear case on that stock while boosting its target 13% to A$0.45. Shares have fallen the past 4 sessions to A$0.41, cutting 2018's gain to 6.5%.
SXY Price at posting:
42.0¢ Sentiment: Buy Disclosure: Held
