Business
Top brokers name 3 ASX shares to sell next week 21 March 2021
Once again, a large number of broker notes hit the wires last week. Some of these notes were positive and some were bearish.
Three sell ratings that caught my eye are summarised below. Here’s why top brokers think investors ought to sell these shares next week:
According to a note out of UBS, its analysts have retained their sell rating and $36.00 price target on this payments company’s shares. The broker notes that Commonwealth Bank of Australia (ASX: CBA) will soon be entering the buy now pay later market with its own offering. While the service is largely the same for consumers, it has a few key differences for merchants. One of those is that CBA won’t be charging any additional fees (outside standard merchant fees),…
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