Business
Top brokers name 3 ASX shares to sell today 18 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:
According to a note out of Macquarie, its analysts have downgraded this artificial intelligence services company’s shares to an underperform rating and slashed the price target on them to $19.00. The broker is concerned that increased competition is leading to a structural loss of market share. It also fears that as competition intensifies, pricing could become a lever to differentiate between solutions. As a result, it suspects that there is…
-
General23 hours agoASIC shone a light on private lending and did not like what it saw
-
Noosa News9 hours agoExperts share tiny home warning as interest from young people soars
-
Noosa News16 hours agoKarenia cristata species source of toxins in SA’s algal bloom, scientists believe
-
General20 hours agoWorld will overshoot 1.5C climate goal, UN report says