Macquarie Raises Viva Energy Price Target 6.7% to A$4.00
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10:15:00 PM UTC
SquawkNews
Macquarie upgrades expectations for Viva Energy's 2H refining margins, driving a 6.7% increase in its price target to A$4.00/share. Macquarie now expects a 2H refining margin of US$24.40 per barrel. That puts it around 12% above consensus hopes of US$21.84/bbl. "We also raise Viva Energy's 2027 ref…