In the good books
1. ALS (ALQ) was upgraded to Hold from Sell by Deutsche Bank
The FY19 result signalled growth was slowing in the minerals drilling business, which Deutsche Bank believes is indicative of an industry in the late stages of recovery. Meanwhile, the life sciences business is considered attractive because of the recurring nature of services and structural growth. Deutsche Bank upgrades to Hold from Sell as the stock is now trading closer to the target of $6.57.