jp morgan did up awb's valuation on monday though.
0942 [Dow Jones] STOCK CALL: JP Morgan keeps AWB (AWB.AU) at Overweight, says current 05/06 wheat crop forecast of 17.5 million tons "is likely to prove too low given the substantial amount of rain in the last week." Ups forecast to 20 million tons, leading to 5.1% FY05 EPS increase, 13% hike in FY06. Ups valuation 2.4% to A$4.68 ex-div vs last A$4.45. (IGP)
AWB Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
