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Top brokers name 3 ASX shares to sell next week 16 August 2020 // Motley Fool Australia – Motley Fool Australia

WiseTech Global Ltd (ASX:WTC) and these ASX shares have been named as sells by top brokers. Here’s why they are bearish…

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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:
Magellan Financial Group Ltd(ASX: MFG)
According to a note out of Morgan Stanley, its analysts have retained their underweight rating but lifted their price target on this fund manager’s shares slightly to $48.00. Although Magellan del…

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