 brokerage jefferies pt a1220 buy says key lead indicators are all flashing green for australias worley ltd worax and the forecast risk should become progressively more positive  worley stock jumps as much as 63 to a101 heading for its best trading session since oct 20  the engineering groups forecasts have a high margin for error jefferies says but cos order book continues to rise  says worley is past the low point in its earnings cycle  brokerage also cut its net profit after tax forecast for fy2224 by 1  brokerage morgan stanley hikes pt to a12 from a11 raises rating to overweight from equalweight  with a number of significant mergers underway across australian energy it is likely worley will see increasing investor appetite as an energy proxy with a cleaner future  ms  eight of 11 analysts rate the stock buy or higher two hold and one sell their median pt is a1210 – refinitiv eikon data  worley stock down 173 this year as of last close reporting by harshita swaminathan and navya mittal in bengaluru