Overall, activity among stockbroking analysts has taken a massive step back now that the February reporting season is over and dealt with. Though, of course, investors shouldn't forget corporate results are being issued all-year around and the week past saw no less than five companies releasing financial updates, of which Myer is the highest ranking on the ASX.
Irrespective of declining activity, FNArena still registered eight upgrades and eight downgrades for individual ASX-listed stocks for the week ending Friday 8 March 2019.
Six upgrades moved ratings to Buy, including for Cochlear, Fortescue Metals Group, and Myer. Six downgrades moved to Neutral, including for ANZ Bank, Cimic Group, and Rio Tinto. Senex Energy and Tabcorp received one downgrade to Sell each.