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Macquarie has upgraded Ampol from neutral to 'outperform', after lifting the company's refining margin forecasts for 2026.
Macquarie has also lifted its target price on Ampol to $36.
Meanwhile... Morningstar says Charter Hall is 'overvalued', and says it remains cautious on the company's growth path
The Funds manager says the price jump following a guidance upgrade is an "overreaction", with Morningstar having a $19 target price on the stock.
Morningstar calls for caution on the stability of the Funds Under Management growth, as the industry witnesses intensifying competition.
Elsewhere - Jefferies has cut its target price for Worley to $15.50, but has retained its 'buy' rating on the stock.
It comes as the engineering services provider flagged a larger-than-expected earnings skew towards the second half of FY26.
However, Worley has reaffirmed its guidance for the financial year.