Business
Top brokers name 3 ASX shares to buy next week 21 February 2021
Last week saw a number of broker notes hitting the wires once again. Three buy ratings that caught my eye are summarised below.
Here’s why brokers think investors ought to buy them next week:
According to a note out of Morgan Stanley, its analysts have retained their overweight rating and lifted their price target on this payments company’s shares to $170.10. The broker notes that buy now pay later (BNPL) providers have been growing very strongly despite increasing competition. The broker believes this bodes well for Afterpay’s future growth, especially given its industry-leading repeat usage. In addition to this, it sees opportunities for Afterpay’s growth to accelerate in the future as its builds out its offering. The…
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