Business
Why broker downgraded these 2 ASX 200 shares last week – The Motley Fool Australia
Goodman Group (ASX: GMG) and Cochlear Limited (ASX: COH) were ASX 200 shares slapped with sell ratings by Goldman Sachs last week.
February reporting season has so far been largely positive as ASX 200 shares bounce back from COVID-19 related challenges.
Higher commodity prices have helped miners deliver record-breaking profits at the larger end of town, as bad debt and impairment expenses have retreated to help banks deliver upbeat earnings and higher dividend payments.
Despite improved business conditions, these 2 ASX 200 shares have failed to impress brokers and been slapped with a sell rating.
The Goodman share price was…
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