S&P/ASX 200 Index (ASX: XJO) shares are 0.5% lower at 8,744 points on Thursday.
Meanwhile, brokers have increased their ratings on several ASX shares this week.
Let's take a look.
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Santos Ltd (ASX: STO)
The Santos share price is $7.64, up 1.8% today.
This ASX 200 energy share has fallen 1% over 12 months.
Morgan Stanley upgraded Santos shares to a buy rating this week.
The broker raised its 12-month price target from $7.50 to $7.67.
This suggests the stock is fully priced already.
Woodside Energy Group Ltd (ASX: WDS)
The Woodside share price is $29.42, up 1.9% today.
Stock in the market's largest oil and gas producer has risen 23% over 12 months.
Morgan Stanley upgraded Woodside shares to a hold rating on Monday.
The broker has a target price of $28, suggesting a 5% downside ahead.
IGO Ltd (ASX: IGO)
The IGO share price is $6.73, down 3.2% today.
This ASX 200 mining share was among the top 5 lithium stocks for capital growth over FY26.
The IGO share price ascended 77% to close out the year at $7.37 on 30 June.
Morgan Stanley upgraded IGO to a hold rating this week.
The broker raised its 12-month target from $6.85 to $6.95.
This suggests a potential 2% upside ahead.
Netwealth Group Ltd (ASX: NWL)
The Netwealth share price is $23.46, down 0.2% today.
This ASX 200 financial share has tumbled 33% over 12 months.
Ord Minnett upgraded Netwealth shares to a buy rating yesterday.
The broker increased its 12-month target from $25 to $26.
This suggests a potential 10% upside ahead.
HomeCo Daily Needs Ltd (ASX: HDN)
The HomeCo Daily Needs REIT share price is $1.27, up 0.2% today.
This ASX real estate investment trust (REIT) has risen 2.2% over 12 months.
Morgans upgraded the ASX REIT to a buy rating with a $1.36 target on Wednesday.
This implies potential capital growth of 7% over the next year.
Waypoint REIT (ASX: WPR)
The Waypoint REIT share price is $2.42, down 0.2% today.
This ASX real estate share has fallen 1% over 12 months.
Morgans upgraded Waypoint REIT shares to a buy with a $2.50 target yesterday.
This implies a potential 3% upside ahead.
Sandfire Resources Ltd (ASX: SFR)
The Sandfire Resources share price is $17.98, down 1.6% today.
This ASX 200 copper share has rocketed 61% over 12 months amid a rising copper price.
Morgan Stanley upgraded Sandfire shares to a hold rating this week.
The broker increased its 12-month price target from $16 to $17.35.
This suggests a potential 4% downside ahead.
