Business
3 latest ASX 200 stocks to be downgraded by top brokers today – Motley Fool Australia
The ASX 200 bounced hard in the last 4 months and broker have just downgraded their recommendations on these outperformers.
The S&P/ASX 200 Index (Index:^AXJO) big 33% surge in the past four months pushed a number of stocks beyond good value. Broker have just downgraded their recommendations on a number of these outperformers.
The latest clutch of downgrade candidates come from the resources sector after they released their latest quarterly production and profit updates.
Brokers have used this as a trigger to downgrade their recommendations on these stocks after their solid run.
Quality holding but little upsi…
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