JPMorgan downgrades Santos to 'neutral' with a price target of AUD8.30

An analyst from JPMorgan downgraded Santos (ASX: STO ) from 'overweight' to 'neutral' with a price target of AUD8.30 from a prior price target of AUD8.20.
Prior to this rating, Santos had 13 buy ratings, 2 hold ratings, and 0 sell ratings.
For consensus analyst estimates and price targets on Santos, click here. For more news on Santos, click here.
Santos's stock price closed at $7.590. They are down -1.81% in the last month and down -2.060% in the last 12 months.
According to Investing Pro, Santos's fair value is $8.890, an upside of 12.387%. Santos's fair value comes with a low degree of uncertainty, according to InvestingPro.
Check out Santos's recent earnings performance and financials here.

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