Business
The latest ASX shares upgraded by brokers to “buy” during the reporting season
The market hit a fresh one-year high during the profit reporting season, but the strong rise didn’t deter brokers from upgrading these ASX shares to “buy” today.
The S&P/ASX 200 Index (Index:^AXJO) rose 0.5% ahead of the market close to 6,907 – its highest level since February 2020.
Positive results from the unfolding reporting season are fuelling the bullish sentiment, but this isn’t the only reason the Inghams Group Ltd (ASX: ING) share price is jumping.
Winner winner chicken dinner
The Inghams share price added 3.2% to $3.60 at the time of writing after Macquarie Group Ltd (ASX: MQG) upgraded it to “outperform” from “neutral”.
Weak prices haven’t made as big a dent on the poultry supplier’s bottom line as…
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