Karoon Energy KAR.AX rises as much as much as 2.9% to A$1.965
Morningstar raises PT by 14% to A$2.85; upgrades fair value estimate on higher near-term energy prices due to Middle East war
Raises FY26 earnings per share forecast by 155% to $0.28/share and FY27 EPS forecast by 79% to $0.34
Stock rated "buy" on avg; median PT is A$2.00, per data compiled by LSEG
YTD, KAR up 27%