Business
The latest ASX stocks to be hit by broker downgrades – The Motley Fool Australia
Our market is rebounding today but not all ASX stocks are joining the party as some got slugged by a broker downgrade.
Our market is rebounding today but not all ASX stocks are joining the party as some got slugged by a broker downgrade.
The S&P/ASX 200 Index (Index:^AXJO) jumped 0.7% in late morning trade with most sectors trading higher.
There are exceptions though with leading brokers cutting their recommendations on three ASX stocks today.
Metal fatigue bending SGM share price
One that’s left out in the cold is the Sims Ltd(ASX: SGM) share price. Shares in the scrap metal trader fell 1.4% to $12.53 at the time…
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