Business
These are the latest ASX shares to be hit by broker downgrades – The Motley Fool Australia
The market bounced from the Friday sell-off but this didn’t stop top brokers from downgrading a number of ASX shares today.
The market bounced from the Friday sell-off but this didn’t stop top brokers from downgrading a number of ASX shares today.
The S&P/ASX 200 Index (Index:^AXJO) jumped 1.5% in after lunch trade to 6,765 points with all sectors bar materials trading in the black.
Even the Orica Ltd(ASX: ORI) share price is recovering from its disappointing market update and the retirement of its chief executive.
Earnings getting blown down
The news was enough to prompt Macquarie Group Ltd(ASX: MQG) to downgrade the…
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