Business
These record breaking ASX stocks just got downgraded by top brokers – Motley Fool Australia
The ASX 200 continues to power ahead on positive profit results, but top brokers just downgraded these ASX stocks after hitting record highs
The market continues to power ahead on a better than expected start to the reporting season, but valuations for some ASX stocks are getting hard to justify.
The S&P/ASX 200 Index (Index:^AXJO) jumped 0.5% in after lunch trade with most sectors making gains.
But brokers warn that some stocks are starting to look overbought and have downgraded their recommendations on the following ASX stocks.
Tasting a tat too rich
One stock that got cut today is the Breville Group Ltd(ASX: BRG) share pri…
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