S&P/ASX 200 Index (ASX: XJO) stocks are up 0.74% amid broker upgrades to four companies today.
As reported in The Australian, these ASX 200 stocks are attracting the experts' attention.
Let's take a look.
Medibank share price to rise 7% in 12 months, says JPM
The Medibank Private Ltd (ASX: MPL) share price is up 2.02% today to $3.54 amid a leadership update from the private health insurer.
JP Morgan has raised its rating on Medibank shares to overweight with a price target of $3.80. This implies a potential 7.3% upside on today's share price.
The Medibank share price is up 21.65% in the year to date.
Buy more Mineral Resources shares, says CLSA
Our next broker upgrade among ASX 200 stocks is for diversified miner Mineral Resources Ltd (ASX: MIN).
The Mineral Resources share price is currently $73.98, up 0.22%.
CLSA has upped its rating to accumulate with an $82 share price target. This implies a potential 10.8% upside on today's share price.
The company released its fourth-quarter update yesterday.
Mineral Resources shares are down 1.5% in the year to date.
Beach Energy shares raised to 'positive'
The Beach Energy Ltd (ASX: BPT) share price is down 0.31% to $1.63 at the time of writing.
Evans & Partners has raised its rating to positive; however, Citi has cut its rating to neutral.
Citi has placed a 12-month share price target of $1.65 on the ASX 200 energy stock. The broker sees very little room for growth at this stage.
Beach Energy released its 4Q FY23 update yesterday.
The company revealed a 12% quarter-on-quarter increase in production to 5MMboe. This took its production to 19.5 MMboe in FY23 with full-year revenue of $1,617 million.
Beach Energy shares are up 2.97% in the year to date.
ALS shares are up, but share price already exceeds target
ALS Ltd (ASX: ALQ) shares are up 3.1% to $11.65 per share today.
This means they've already gone beyond Jarden Securities' 12-month share price target of $11.50.
The broker has raised its rating on the ASX 200 stock to neutral.
ALS shares are down 3.32% in the year to date.
