S&P/ASX 200 Index (ASX: XJO) shares are 1.1% lower on Thursday amid no progress on negotiations between the US and Iran.
Meantime, brokers have indicated a changed view on several ASX 200 shares, and have upgraded their ratings.
Let’s check them out.
Sandfire Resources Ltd (ASX: SFR)
The Sandfire Resources share price is $19.46, down 1.6% today.
Over the past month, this ASX 200 copper share has ripped 16%.
UBS upgraded Sandfire Resources shares to a hold rating this week.
The broker increased its 12-month price target from $16.75 to $20.
This implies just 3% upside ahead.
Evolution Mining Ltd (ASX: EVN)
The Evolution share price is $12.21, down 3.4% today.
Over the past year, this ASX 200 gold share has climbed 39%.
UBS upgraded Evolution shares to a buy rating this week.
The broker upped its price target from $13.80 to $14.
This suggests a potential 15% upside ahead.
Woolworths Group Ltd (ASX: WOW)
The Woolworths share price is $34.84, up 0.6% today.
Over the past six months, this ASX 200 consumer staples share has recovered 18%.
JP Morgan upgraded Woolworths shares to a buy rating this week.
The broker lifted its 12-month price target from $35 to $37.
This implies a potential 6% upside ahead.
Wesfarmers Ltd (ASX: WES)
The Wesfarmers share price is $78.13, up 0.7% today.
The market’s largest consumer discretionary share has lifted 8% over the past month.
Morgans upgraded Wesfarmers shares to a buy rating with an $81.10 price target on Monday.
This indicates possible growth of 4% over the next year.Â
Paladin Energy Ltd (ASX: PDN)
The Paladin Energy share price is $11.41, up 0.4% today.
Over the past six months, this ASX 200 uranium share has leapt 40%.
Macquarie upgraded the stock to a buy rating with a $13.25 target this week.
This suggests potential capital growth of 16% over the next year.Â
National Australia Bank Ltd (ASX: NAB)
The NAB share price is $37.05, down 1.9% today.
The ASX 200 bank share has fallen 13% in 2026.
Citi upgraded NAB shares to a hold rating this week.
The broker reduced its 12-month price target from $39.25 to $37.40.
This suggests almost no capital growth ahead.
The post 6 ASX 200 shares just upgraded by the experts appeared first on The Motley Fool Australia.
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More reading
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Citigroup is an advertising partner of Motley Fool Money. JPMorgan Chase is an advertising partner of Motley Fool Money. Motley Fool contributor Bronwyn Allen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended JPMorgan Chase, Macquarie Group, and Wesfarmers. The Motley Fool Australia has positions in and has recommended Macquarie Group and Woolworths Group. The Motley Fool Australia has recommended Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.