Top brokers name 3 ASX shares to sell next week 28 February 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:

According to a note out of Citi, its analysts have retained their sell rating and cut the price target on this infant formula company’s shares to $7.15. The broker made the move following the release of a2 Milk Company’s disappointing half year results. Citi has reduced its estimates materially over the coming years to reflect the demand issues it is facing in the daigou channel and margin pressures across the business. The a2 Milk Company share price ended the week…