Business
Top brokers name 3 ASX shares to sell today 11 February 2021
On Wednesday I looked at three ASX shares that brokers have given buy ratings to this week.
Unfortunately, not all shares are in favour with them right now. Three ASX shares that have just been given sell ratings by brokers are listed below. Here’s why these brokers are bearish on them:
Commonwealth Bank of Australia (ASX: CBA)
According to a note out of Morgan Stanley, its analysts have retained their underweight rating and lifted the price target on this banking giant’s shares slightly to $79.00. This follows the release of its half year result earlier this week. While there were elements of the result that the broker liked, it wasn’t enough for a change of rating. Morgan Stanley continues to see more value in other big…
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