2053 GMT - Northern Star Resources's acknowledgement that it received a US$27.2 billion takeover proposal from Gold Fields is likely to encourage shareholders to pressure on board to consider future proposals, says Ord Minnett. Its price target rises by 31% to A$25.85/share. "Our revised valuation suggests the proposal was rejected more for its significant, higher-risk (jurisdictional) equity component than its overall implied value," analyst Paul Kaner says. He reckons a higher cash component, higher-quality scrip, or a more compelling premium could increase the likelihood of Northern Star formally engaging with a potential suitor. Ord Minnett upgrades Northern Star to accumulate, from hold. Northern Star ended last week at A$24.02.