More Quickies: Citibank and UBS Recommendations for WPL, WOR and TLS + Gold

Submitted by Craig Strzelecki on Mon, 06/03/2006 - 10:08.

Citigroup Investment Research reiterates their Buy recommendation for Woodside Petroleum (WPL) and lifts their target price from $47.00 to $48.90.

Meanwhile, UBS has a BUY 2 recommendation for WorleyParsons Ltd [WOR] with a target of $19.40. On another stock, UBS has Telstra [TLS] with a NEUTRAL 2 recommendation and a price target of $4.40.

Maquarie Research Equities (MRE) thought Gold looked good technically - have a look at your charts! Besides trading the gold commodity directly you may want to consider looking at Lihir Gold (LHG) and Newcrest Mining (NCM).

Finally, as an aside, ABN Amro has a short-term trading tip for News Corporation [NwS].

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