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   <title>JPMorgan Downgrades Adaro Energy Tbk PT (ADRO:IJ) (ADOOY) to Neutral</title>
   <link>http://www.streetinsider.com/Intl+Ratings/JPMorgan+Downgrades+Adaro+Energy+Tbk+PT+%28ADRO%3AIJ%29+%28ADOOY%29+to+Neutral/26332232.html</link>
   <description>&lt;p&gt;JPMorgan analyst Arnanto Januri downgraded Adaro Energy Tbk PT (ADRO:IJ) (OTC: ADOOY) from Overweight to Neutral with a price target of IDR2,600.00 (from IDR2,540.00).&lt;/p&gt;&lt;p&gt;The analyst comments: &quot;We are booking profits on ADRO and downgrading the stock to Neutral post its &gt;50% YTD outperformance against the JCI. ADRO’s outperformance has been largely driven by: (1) a narrowing discount to SOTP from 45% to currently &lt;30%; (2) outperformance in AADI led by higher coal prices and a potential shareholder windfall from the Kestrel divestment; and (3) a new Rp4tn share buyback program over the next 12 months (~5% buyback yield). Earlier this</description>
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   <pubDate>Sat, 18 Apr 2026 04:37:57 -0400</pubDate>
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   <title>JPMorgan Downgrades Adaro Energy Tbk PT (ADRO:IJ) (ADOOY) to Neutral</title>
   <link>http://www.streetinsider.com/Intl+Ratings/JPMorgan+Downgrades+Adaro+Energy+Tbk+PT+%28ADRO%3AIJ%29+%28ADOOY%29+to+Neutral/26332232.html</link>
   <description>&lt;p&gt;JPMorgan analyst Arnanto Januri downgraded Adaro Energy Tbk PT (ADRO:IJ) (OTC: ADOOY) from Overweight to Neutral with a price target of IDR2,600.00 (from IDR2,540.00).&lt;/p&gt;&lt;p&gt;The analyst comments: &quot;We are booking profits on ADRO and downgrading the stock to Neutral post its &gt;50% YTD outperformance against the JCI. ADRO’s outperformance has been largely driven by: (1) a narrowing discount to SOTP from 45% to currently &lt;30%; (2) outperformance in AADI led by higher coal prices and a potential shareholder windfall from the Kestrel divestment; and (3) a new Rp4tn share buyback program over the next 12 months (~5% buyback yield). Earlier this</description>
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   <pubDate>Sat, 18 Apr 2026 04:37:57 -0400</pubDate>
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   <title>JPMorgan Downgrades Adaro Energy Tbk PT (ADRO:IJ) (ADOOY) to Neutral</title>
   <link>http://www.streetinsider.com/Downgrades/JPMorgan+Downgrades+Adaro+Energy+Tbk+PT+%28ADRO%3AIJ%29+%28ADOOY%29+to+Neutral/26332232.html</link>
   <description>&lt;p&gt;JPMorgan analyst Arnanto Januri downgraded Adaro Energy Tbk PT (ADRO:IJ) (OTC: ADOOY) from Overweight to Neutral with a price target of IDR2,600.00 (from IDR2,540.00).&lt;/p&gt;&lt;p&gt;The analyst comments: &quot;We are booking profits on ADRO and downgrading the stock to Neutral post its &gt;50% YTD outperformance against the JCI. ADRO’s outperformance has been largely driven by: (1) a narrowing discount to SOTP from 45% to currently &lt;30%; (2) outperformance in AADI led by higher coal prices and a potential shareholder windfall from the Kestrel divestment; and (3) a new Rp4tn share buyback program over the next 12 months (~5% buyback yield). Earlier this</description>
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   <pubDate>Sat, 18 Apr 2026 04:37:57 -0400</pubDate>
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   <title>JPMorgan Downgrades Adaro Energy Tbk PT (ADRO:IJ) (ADOOY) to Neutral</title>
   <link>http://www.streetinsider.com/Downgrades/JPMorgan+Downgrades+Adaro+Energy+Tbk+PT+%28ADRO%3AIJ%29+%28ADOOY%29+to+Neutral/26332232.html</link>
   <description>&lt;p&gt;JPMorgan analyst Arnanto Januri downgraded Adaro Energy Tbk PT (ADRO:IJ) (OTC: ADOOY) from Overweight to Neutral with a price target of IDR2,600.00 (from IDR2,540.00).&lt;/p&gt;&lt;p&gt;The analyst comments: &quot;We are booking profits on ADRO and downgrading the stock to Neutral post its &gt;50% YTD outperformance against the JCI. ADRO’s outperformance has been largely driven by: (1) a narrowing discount to SOTP from 45% to currently &lt;30%; (2) outperformance in AADI led by higher coal prices and a potential shareholder windfall from the Kestrel divestment; and (3) a new Rp4tn share buyback program over the next 12 months (~5% buyback yield). Earlier this</description>
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   <pubDate>Sat, 18 Apr 2026 04:37:57 -0400</pubDate>
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   <title>JPMorgan Downgrades Adaro Energy Tbk PT (ADRO:IJ) (ADOOY) to Neutral</title>
   <link>http://www.streetinsider.com/Analyst+Comments/JPMorgan+Downgrades+Adaro+Energy+Tbk+PT+%28ADRO%3AIJ%29+%28ADOOY%29+to+Neutral/26332232.html</link>
   <description>&lt;p&gt;JPMorgan analyst Arnanto Januri downgraded Adaro Energy Tbk PT (ADRO:IJ) (OTC: ADOOY) from Overweight to Neutral with a price target of IDR2,600.00 (from IDR2,540.00).&lt;/p&gt;&lt;p&gt;The analyst comments: &quot;We are booking profits on ADRO and downgrading the stock to Neutral post its &gt;50% YTD outperformance against the JCI. ADRO’s outperformance has been largely driven by: (1) a narrowing discount to SOTP from 45% to currently &lt;30%; (2) outperformance in AADI led by higher coal prices and a potential shareholder windfall from the Kestrel divestment; and (3) a new Rp4tn share buyback program over the next 12 months (~5% buyback yield). Earlier this</description>
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   <title>JPMorgan Downgrades Adaro Energy Tbk PT (ADRO:IJ) (ADOOY) to Neutral</title>
   <link>http://www.streetinsider.com/Analyst+Comments/JPMorgan+Downgrades+Adaro+Energy+Tbk+PT+%28ADRO%3AIJ%29+%28ADOOY%29+to+Neutral/26332232.html</link>
   <description>&lt;p&gt;JPMorgan analyst Arnanto Januri downgraded Adaro Energy Tbk PT (ADRO:IJ) (OTC: ADOOY) from Overweight to Neutral with a price target of IDR2,600.00 (from IDR2,540.00).&lt;/p&gt;&lt;p&gt;The analyst comments: &quot;We are booking profits on ADRO and downgrading the stock to Neutral post its &gt;50% YTD outperformance against the JCI. ADRO’s outperformance has been largely driven by: (1) a narrowing discount to SOTP from 45% to currently &lt;30%; (2) outperformance in AADI led by higher coal prices and a potential shareholder windfall from the Kestrel divestment; and (3) a new Rp4tn share buyback program over the next 12 months (~5% buyback yield). Earlier this</description>
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   <pubDate>Sat, 18 Apr 2026 04:37:57 -0400</pubDate>
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   <title>Adaro Energy Tbk PT (ADRO:IJ) (ADOOY) PT Raised to IDR3,000 at Macquarie</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Adaro+Energy+Tbk+PT+%28ADRO%3AIJ%29+%28ADOOY%29+PT+Raised+to+IDR3%2C000+at+Macquarie/26155621.html</link>
   <description>Macquarie analyst Dony Setiady raised the price target on Adaro Energy Tbk PT (ADRO:IJ) (OTC: ADOOY) to IDR3,000.00  (from IDR2,400.00) while maintaining a Outperform rating.</description>
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   <pubDate>Fri, 13 Mar 2026 05:01:54 -0400</pubDate>
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   <title>Adaro Energy Tbk PT (ADRO:IJ) (ADOOY) PT Raised to IDR3,000 at Macquarie</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Adaro+Energy+Tbk+PT+%28ADRO%3AIJ%29+%28ADOOY%29+PT+Raised+to+IDR3%2C000+at+Macquarie/26155621.html</link>
   <description>Macquarie analyst Dony Setiady raised the price target on Adaro Energy Tbk PT (ADRO:IJ) (OTC: ADOOY) to IDR3,000.00  (from IDR2,400.00) while maintaining a Outperform rating.</description>
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   <pubDate>Fri, 13 Mar 2026 05:01:54 -0400</pubDate>
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   <title>Adaro Energy Tbk PT (ADRO:IJ) (ADOOY) PT Raised to IDR3,000 at Macquarie</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Adaro+Energy+Tbk+PT+%28ADRO%3AIJ%29+%28ADOOY%29+PT+Raised+to+IDR3%2C000+at+Macquarie/26155621.html</link>
   <description>Macquarie analyst Dony Setiady raised the price target on Adaro Energy Tbk PT (ADRO:IJ) (OTC: ADOOY) to IDR3,000.00  (from IDR2,400.00) while maintaining a Outperform rating.</description>
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   <pubDate>Fri, 13 Mar 2026 05:01:54 -0400</pubDate>
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   <title>Adaro Energy Tbk PT (ADRO:IJ) (ADOOY) PT Raised to IDR3,000 at Macquarie</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Adaro+Energy+Tbk+PT+%28ADRO%3AIJ%29+%28ADOOY%29+PT+Raised+to+IDR3%2C000+at+Macquarie/26155621.html</link>
   <description>Macquarie analyst Dony Setiady raised the price target on Adaro Energy Tbk PT (ADRO:IJ) (OTC: ADOOY) to IDR3,000.00  (from IDR2,400.00) while maintaining a Outperform rating.</description>
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   <pubDate>Fri, 13 Mar 2026 05:01:54 -0400</pubDate>
      	<category domain="http://rss.financialcontent.com/stocksymbol">ADOOY</category>
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   <title>JPMorgan Upgrades Alamtri Resources Indonesia (ADRO:IJ) (ADOOY) to Overweight</title>
   <link>http://www.streetinsider.com/Intl+Ratings/JPMorgan+Upgrades+Alamtri+Resources+Indonesia+%28ADRO%3AIJ%29+%28ADOOY%29+to+Overweight/25824351.html</link>
   <description>&lt;p&gt;JPMorgan analyst Arnanto Januri upgraded Alamtri Resources Indonesia (ADRO:IJ) (OTC: ADOOY) from Underweight to Overweight with a price target of IDR2,540.00 (from IDR2,000.00).&lt;/p&gt;</description>
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   <pubDate>Thu, 08 Jan 2026 09:14:19 -0400</pubDate>
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   <title>JPMorgan Upgrades Alamtri Resources Indonesia (ADRO:IJ) (ADOOY) to Overweight</title>
   <link>http://www.streetinsider.com/Intl+Ratings/JPMorgan+Upgrades+Alamtri+Resources+Indonesia+%28ADRO%3AIJ%29+%28ADOOY%29+to+Overweight/25824351.html</link>
   <description>&lt;p&gt;JPMorgan analyst Arnanto Januri upgraded Alamtri Resources Indonesia (ADRO:IJ) (OTC: ADOOY) from Underweight to Overweight with a price target of IDR2,540.00 (from IDR2,000.00).&lt;/p&gt;</description>
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   <pubDate>Thu, 08 Jan 2026 09:14:19 -0400</pubDate>
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   <title>JPMorgan Upgrades Alamtri Resources Indonesia (ADRO:IJ) (ADOOY) to Overweight</title>
   <link>http://www.streetinsider.com/Upgrades/JPMorgan+Upgrades+Alamtri+Resources+Indonesia+%28ADRO%3AIJ%29+%28ADOOY%29+to+Overweight/25824351.html</link>
   <description>&lt;p&gt;JPMorgan analyst Arnanto Januri upgraded Alamtri Resources Indonesia (ADRO:IJ) (OTC: ADOOY) from Underweight to Overweight with a price target of IDR2,540.00 (from IDR2,000.00).&lt;/p&gt;</description>
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   <pubDate>Thu, 08 Jan 2026 09:14:19 -0400</pubDate>
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   <title>JPMorgan Upgrades Alamtri Resources Indonesia (ADRO:IJ) (ADOOY) to Overweight</title>
   <link>http://www.streetinsider.com/Upgrades/JPMorgan+Upgrades+Alamtri+Resources+Indonesia+%28ADRO%3AIJ%29+%28ADOOY%29+to+Overweight/25824351.html</link>
   <description>&lt;p&gt;JPMorgan analyst Arnanto Januri upgraded Alamtri Resources Indonesia (ADRO:IJ) (OTC: ADOOY) from Underweight to Overweight with a price target of IDR2,540.00 (from IDR2,000.00).&lt;/p&gt;</description>
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   <title>JPMorgan Upgrades Alamtri Resources Indonesia (ADRO:IJ) (ADOOY) to Overweight</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/JPMorgan+Upgrades+Alamtri+Resources+Indonesia+%28ADRO%3AIJ%29+%28ADOOY%29+to+Overweight/25824351.html</link>
   <description>&lt;p&gt;JPMorgan analyst Arnanto Januri upgraded Alamtri Resources Indonesia (ADRO:IJ) (OTC: ADOOY) from Underweight to Overweight with a price target of IDR2,540.00 (from IDR2,000.00).&lt;/p&gt;</description>
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   <title>JPMorgan Upgrades Alamtri Resources Indonesia (ADRO:IJ) (ADOOY) to Overweight</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/JPMorgan+Upgrades+Alamtri+Resources+Indonesia+%28ADRO%3AIJ%29+%28ADOOY%29+to+Overweight/25824351.html</link>
   <description>&lt;p&gt;JPMorgan analyst Arnanto Januri upgraded Alamtri Resources Indonesia (ADRO:IJ) (OTC: ADOOY) from Underweight to Overweight with a price target of IDR2,540.00 (from IDR2,000.00).&lt;/p&gt;</description>
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   <title>Macquarie Upgrades Adaro Energy Tbk PT (ADRO:IJ) (ADOOY) to Outperform</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Macquarie+Upgrades+Adaro+Energy+Tbk+PT+%28ADRO%3AIJ%29+%28ADOOY%29+to+Outperform/25442748.html</link>
   <description>&lt;p&gt;Macquarie analyst Dony Setiady upgraded Adaro Energy Tbk PT (ADRO:IJ) (OTC: ADOOY) from Neutral to Outperform with a price target of IDR2,000.00 (from IDR1,700.00).&lt;/p&gt;</description>
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   <pubDate>Fri, 10 Oct 2025 07:33:44 -0400</pubDate>
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   <title>Macquarie Upgrades Adaro Energy Tbk PT (ADRO:IJ) (ADOOY) to Outperform</title>
   <link>http://www.streetinsider.com/Intl+Ratings/Macquarie+Upgrades+Adaro+Energy+Tbk+PT+%28ADRO%3AIJ%29+%28ADOOY%29+to+Outperform/25442748.html</link>
   <description>&lt;p&gt;Macquarie analyst Dony Setiady upgraded Adaro Energy Tbk PT (ADRO:IJ) (OTC: ADOOY) from Neutral to Outperform with a price target of IDR2,000.00 (from IDR1,700.00).&lt;/p&gt;</description>
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   <title>Macquarie Upgrades Adaro Energy Tbk PT (ADRO:IJ) (ADOOY) to Outperform</title>
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   <description>&lt;p&gt;Macquarie analyst Dony Setiady upgraded Adaro Energy Tbk PT (ADRO:IJ) (OTC: ADOOY) from Neutral to Outperform with a price target of IDR2,000.00 (from IDR1,700.00).&lt;/p&gt;</description>
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   <title>Macquarie Upgrades Adaro Energy Tbk PT (ADRO:IJ) (ADOOY) to Outperform</title>
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   <description>&lt;p&gt;Macquarie analyst Dony Setiady upgraded Adaro Energy Tbk PT (ADRO:IJ) (OTC: ADOOY) from Neutral to Outperform with a price target of IDR2,000.00 (from IDR1,700.00).&lt;/p&gt;</description>
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   <title>Macquarie Upgrades Adaro Energy Tbk PT (ADRO:IJ) (ADOOY) to Outperform</title>
   <link>http://www.streetinsider.com/Analyst+PT+Change/Macquarie+Upgrades+Adaro+Energy+Tbk+PT+%28ADRO%3AIJ%29+%28ADOOY%29+to+Outperform/25442748.html</link>
   <description>&lt;p&gt;Macquarie analyst Dony Setiady upgraded Adaro Energy Tbk PT (ADRO:IJ) (OTC: ADOOY) from Neutral to Outperform with a price target of IDR2,000.00 (from IDR1,700.00).&lt;/p&gt;</description>
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   <title>Macquarie Upgrades Adaro Energy Tbk PT (ADRO:IJ) (ADOOY) to Outperform</title>
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   <description>&lt;p&gt;Macquarie analyst Dony Setiady upgraded Adaro Energy Tbk PT (ADRO:IJ) (OTC: ADOOY) from Neutral to Outperform with a price target of IDR2,000.00 (from IDR1,700.00).&lt;/p&gt;</description>
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   <description>&lt;p&gt;Citi analyst Ryan Davis upgraded Alamtri Resources Indonesia (ADRO:IJ) (OTC: ADOOY) from Neutral to Buy with a price target of IDR2,500.00 (from IDR4,000.00).&lt;/p&gt;</description>
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   <description>&lt;p&gt;Citi analyst Ryan Davis upgraded Alamtri Resources Indonesia (ADRO:IJ) (OTC: ADOOY) from Neutral to Buy with a price target of IDR2,500.00 (from IDR4,000.00).&lt;/p&gt;</description>
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   <pubDate>Tue, 16 Sep 2025 05:33:09 -0400</pubDate>
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   <description>&lt;p&gt;Citi analyst Ryan Davis upgraded Alamtri Resources Indonesia (ADRO:IJ) (OTC: ADOOY) from Neutral to Buy with a price target of IDR2,500.00 (from IDR4,000.00).&lt;/p&gt;</description>
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