Estia Health and Japara Healthcare have been downgraded on the back of the announced Royal Commission into aged care.
So far this week there have been more upgrades than downgrades, with CBA back in the good books and Origin Energy also upgraded.
Most brokers went on holiday this week and those who were left at their desks were in good moods, with only upgrades on their mind.
Downgrades still outnumbered upgrades as reporting season chugged along, but many of these were on valuation grounds.
Downgrades have outnumbered upgrades in the first half of the week. CSR was one of the lucky ones to get an upgrade.
Brokers got busy this week, with a double upgrade for REA Group and a triple downgrade for GPT Group