Business
Top brokers name 3 ASX shares to buy today 21 April 2021
Many of Australia’s top brokers have been busy adjusting their financial models again, leading to the release of a large number of broker notes this week.
Three broker buy ratings that have caught my eye are summarised below. Here’s why brokers think these ASX shares are in the buy zone:
According to a note out of Morgan Stanley, its analysts have retained their overweight rating and $149.00 price target on this payments company’s shares. Morgan Stanley was pleased with Afterpay’s third quarter update, which revealed sales ahead of its expectations. The broker also notes that the company’s platform is generating creating value for merchants through significant lead referrals via the Afterpay platform. The Afterpay share…
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