Business
Why does JP Morgan have an underweight rating on Wesfarmers shares?

Image source: Getty Images
Wesfarmers Ltd (ASX: WES) shares are very popular amongst ASX investors.
Wesfarmers is one of Australia’s largest and most well-known retailers, with brands like Kmart, Bunnings, Officeworks, and Target in its portfolio.
These are places that everyday Australians…
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