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Morgan Stanley Keeps Their Hold Rating on Santos Limited (STOSF)

Morgan Stanley Keeps Their Hold Rating on Santos Limited (STOSF)

In a report released today, Robert Koh from Morgan Stanley maintained a Hold rating on Santos Limited, with a price target of A$8.88. The company's shares closed last Wednesday at $4.98.
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According to TipRanks, Koh is a 3-star analyst with an average return of 2.3% and a 52.05% success rate. Koh covers the Energy sector, focusing on stocks such as Origin Energy Limited, Ampol Limited, and Santos Limited.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Santos Limited with a $5.19 average price target.
Based on Santos Limited's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.69 billion and a net profit of $588 million. In comparison, last year the company earned a revenue of $2.92 billion and had a net profit of $626 million
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