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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This week Bank of Queensland and Seek were upgraded, while Carsales scored a double upgrade.
In a steady week, resources and industrials were in the good books, with upgrades for Rio and Woodside.
Brokers upgraded more stocks last week, with two upgrades for Myer and one for Ansell Limited.
It was another restful week for the analysts, with just a few movements, including an upgrade for mineral resource company Orocobre.
As reporting season draws to a close, Cabcharge and News Corp get upgrades.
Downgrades still outnumber upgrades, but many of the downgrades are based on valuation. Afterpay Touch and Coca-Cola were upgraded.