MARKETS

RBC updates price target for Karoon after Bauna acquisition

KAROON Energy’s Bauna acquisition, announced yesterday, has seen RBC Capital Markets revise its price target up from A$2 per share to $3/share.

RBC updates price target for Karoon after Bauna acquisition

The company currently sits at $1.36. Despite some movements offshore Peru and a 2017 win in the Santos' Basin bidding round that drew all supermajors also; it's been a quiet time for the company,...

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