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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Analyst movements on the downside last week were all about readjustments in commodity prices, but on the upside, Crown Resorts and Wotif got upgrades.
Resources were under the spotlight this week as brokers reviewed their expectations. OZ Minerals, Resolute and WorleyParsons all got upgrades.
Another week, another example of seemingly bad news at face value, but underlying there's market support building. AGL Energy and New Hope were upgraded.
Rudi Filapek-Vandyck is founder and editor of FN Arena and a Switzer Super Report expert. Like our editor, he does not have an SMSF yet, but hopes to be able to start one up when he has more funds. Wh..
Profit warnings might be happening daily, but brokers are relatively sanguine with upgrades and downgrades pretty much equal. Ansell and McMillan Shakespeare both got upgrades to Buy and Outperform.
Mining and resources stocks copped a hiding in the later part of last week but on the positive side of things, Kathmandu and Invocare received upgrades.