In the good books
1. COLES GROUP (COL) was upgraded to Neutral from Underperform by Credit Suisse
Credit Suisse believes Coles can accelerate sales growth over the medium term as it develops digital capability and addresses weakness in its fresh and convenience product range. A lag in supply chain modernisation is the central competitive risk, in the broker's view, and costs are likely to be above Woolworths (WOW) for several years. Rating is upgraded to Neutral from Underperform and the target raised to $11.83 from $10.81.