Buy, Hold, Sell – what the brokers say

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In the good books

Harvey Norman (HVN) was upgraded to Neutral from Underperform by Credit Suisse B/H/S: 1/3/3. Harvey Norman's interim report was a disappointment. Credit Suisse analysts point at the Australian franchisee segment where earnings reflected increasing costs and increasing competition. But Credit Suisse has upgraded to Neutral from Underperform post sharp sell-off post results release. The target price falls to $4 from $4.03. See downgrade.

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