Rudi Filapek-Vandyck has been a journalist for nearly three decades, of which nearly two decades has been in finance. After successfully establishing a leading financial news service in Europe, Rudi moved to Australia where he founded FNArena, an online service dedicated to providing independent and unbiased market analysis. He has also develope...View more >
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Funds management groups were in favour last week with upgrades for Challenger and Janus Henderson.
In today’s report, we have upgrades from Fortescue and Rio, while Mirvac was in the not-so-good books.
In a slow week, there were upgrades for ANZ and Infigen Energy.
In another slow week Nufarm got an upgrade, while Mineral Resources was downgraded
The trend is on the upside with brokers upgrading South32 and Wesfarmers.
REA Group was upgraded, while Bank of Queensland was downgraded in a pretty quiet week.