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Top broker urging investors to take profit now on this outperforming ASX share – The Motley Fool Australia
The Hub24 Ltd (ASX: HUB) share price is zooming higher but this could be the perfect time to lock in profits, according to JPMorgan.
Home / Share Market News / Top broker urging investors to take profit now on this outperforming ASX shareThe Hub24 Ltd(ASX: HUB) share price is zooming higher but this could be the perfect time to lock in profits, according to JPMorgan.
The Hub24 share price surged 5% to $21.80 in the last hour of trade and has increased by three-fold over the past year.
But JPMorgan thinks now is the time to sell the shares as it downgraded Hub24 to “underweight” (equivalent to a “sell”).
Margin squeeze triggers…
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