Jarden Remains a Buy on Karoon Energy Ltd (KRNGF)
Jarden analyst Nik Burns maintained a Buy rating on Karoon Energy Ltd (KRNGF) with a A$2.00 price target. The stock closed at A$1.75. Citi also issued a Buy rating, while Morgans kept a Hold. Karoon reported Q4 revenue of A$326.18M and net profit of A$55.5M, down from last year's A$367.11M and A$65.7M.