Wed Sep 18 02:17:59 UTC 2024: ## ASX 200 Stocks Get Upgrades: Brokers Bullish on Banking, Energy, and Mining

**Sydney, Australia** – Three prominent ASX 200 companies are attracting positive attention from top brokers, earning upgrades in their ratings.

**National Australia Bank (ASX: NAB)**, a major Australian bank, saw its rating boosted to “overweight” by Morgan Stanley. The bank’s share price has risen by 32% over the past year, currently trading at $39.14. Despite the upgrade, Morgan Stanley’s price target of $38.00 remains slightly below the current share price.

**Origin Energy (ASX: ORG)**, a leading Australian energy provider, also received an upgrade. Macquarie raised the company to an “outperform” rating with a price target of $10.43, representing a potential upside of nearly 6%. Origin Energy’s share price has climbed 14% in the last 12 months.

Finally, **New Hope Corp (ASX: NHC)**, a $3.8 billion coal miner, was deemed a “bargain” by Morgans Financial. The broker upgraded the company to an “add” rating with a $5.20 price target, implying a potential upside of almost 16%. Despite lower coal prices, New Hope continues to offer a substantial 8.7% fully franked trailing dividend yield.

These broker upgrades suggest a positive outlook for the banking, energy, and mining sectors in the Australian market. However, investors are advised to conduct thorough research before making any investment decisions, and consider seeking professional advice if needed.

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