AU daily stock ratings: Macquarie, Technology One, Webjet and more

$Strandline Resources Ltd(STA.AU)$: Morgans retains an add call on Strandline and raises its price target by 19% to A$0.62/share.
Morgans has greater confidence in Strandline Resources's ability to manage cost inflation following a visit to the company's Coburn mineral sands project in Australia.
Shares are 13.04% higher at A$0.39.

$Macquarie Group Ltd(MQG.AU)$: Morgan Stanley raises its target price on the stock by 1.2% to A$245.00 and maintains an overweight rating.
The tailwinds behind Macquarie's commodity and global markets division could be more than cyclical, Morgan Stanley says. It raises its FY 2022 commodity revenue forecast by A$400 million to reflect the impact of rising energy-price volatility, and thinks the division could benefit from a structural increase in volatility and trading activity.
Shares are 1.32% higher at A$197.58.

$Seven West Media Ltd(SWM.AU)$: UBS maintains a A$0.95 target price and buy rating on shares of the TV broadcaster.
Seven West Media could beat its upgraded FY22 Ebitda guidance as advertising markets continue to rally, UBS says.
Shares are 7.20% higher at A$0.67.

$Technology One Ltd(TNE.AU)$: Bell Potter maintains a buy rating on the stock. It cuts target price by 6.7% to A$14.00
Technology One's 1H result will likely show that its transition of customers from on-premises software to software-as-a-service is accelerating, Bell Potter says.
Shares are 0.18% lower at A$11.09.

$Webjet Ltd(WEB.AU)$: Ord Minnett maintains a buy rating on the stock and lifts target price by 2.7% to A$7.51.
Webjet's 2H result will take a hit from factors including higher oil prices and the Covid-19 Omicron variant, but Ord Minnett isn't too worried about the travel agent's prospects.
Shares are 0.72% lower at A$5.53.