KUALA LUMPUR (June 8): Macquarie analyst Anand Pathmakanthan upgraded the recommendation on Sapura Energy Bhd to outperform from underperform.
* Price target (PT) lowered to RM1 from RM1.35. Sapura Energy average PT is 87 sen
* Sapura Energy had 11 buy, 5 holds, 3 sells previously: Bloomberg data
* Analysts lowered their consensus one-year target price for the stock by 21 percent in the past three months. Forecasts range from 40 sen to RM1.20.