Business
Top brokers name 3 ASX shares to sell next week 14 March 2021
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:
Flight Centre Travel Group Ltd (ASX: FLT)
According to a note out of Citi, its analysts have retained their sell rating and $16.90 price target on this travel agent’s shares. While the broker believes that Flight Centre will benefit from the recently announced government stimulus program in the tourism sector, it isn’t enough for a change of rating. The broker suspects that some of the revenue generated by the stimulus will be offset by the end of JobKeeper. Looking…
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