** Citi revises price target for Australia's Beach Energy BPT.AX to A$1.05 per share, while maintaining its 'sell' rating

** Brokerage reduces its FY26 core NPAT by 18% to reflect lower our crude oil sales forecast for the fourth quarter, others

** Lowers development capex outlook factoring in the Artisan asset sale, but views the transaction as marginally positive

** Says BPT is 'proactively' monetising non-core assets, while Waitsia Gas Field's ramp-up is lowering risks and potential M&A activity extending reserves life

** Citi also estimates BPT will have approximately A$1.1 billion ($789.47 million) of balance sheet headroom at 25% gearing by end-FY27, flagging a domestic energy market shake-up as a potential near-term catalyst

** One of 12 analysts rate stock "buy" or higher, six "hold", and five "sell"; their median price target is A$1.14 - data compiled by LSEG

** Shares down ~6% YTD

($1 = 1.3933 Australian dollars)