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Leading brokers name 3 ASX shares to sell today 16 March 2021 – The Motley Fool Australia

Leading brokers have named Flight Centre Travel Group Ltd (ASX:FLT) and these ASX shares as sells this week. Here’s why they are bearish…

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On Monday 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 that have just been given sell ratings are listed below. Here’s why these brokers are bearish on these ASX shares:
Flight Centre Travel Group Ltd(ASX: FLT)
According to a note out of Morgan Stanley, its analysts have downgraded this travel agent’s shares to an underweight rating with a $17.50 price target. The broker made the move on valuation…

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