Business
Top brokers name 3 ASX shares to sell next week 13 December 2020
Once again, a large number of broker notes hit the wires last week. Some of these notes were positive and some were bearish.
Three sell ratings that caught my eye are summarised below. Here’s why top brokers think investors ought to sell these shares next week:
According to a note out of Credit Suisse, its analysts have retained their underperform rating and $73.00 price target on this stock exchange operator. This follows the release of its trading data for the month of November. While ASX performed largely in line with expectations during the month, the broker continues to believe that its shares are expensive at the current level. Particularly given that it expects revenue growth will be hard to come by in FY 2021. The ASX…
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