These are the latest ASX shares to be downgraded by brokers today

Our market may have bouncing from yesterday’s sell-off, but there are some ASX shares that are left behind after getting downgraded by leading brokers.

The S&P/ASX 200 Index (Index:^AXJO) jumped 0.5% in after lunch trade with most sectors apart from Energy gaining ground.

But the optimism failed to reach the A2 Milk Company Ltd (ASX: A2M) share price after Morgans cut its rating on its shares.

Left on the shelf

The broker did a channel check and doesn’t believe the milk products company’s sales have improved materially.

“E-commerce platform pricing in China doesn’t appear to be materially improving,” said Morgans.

“And in Australia we have noticed that the retailers and pharmacies are discounting stock to clear aging…