Buy, Hold, Sell – what the brokers say

Founder of FNArena
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It keeps on raining downgrades in Australia. Week three of the local reporting season saw FNArena's tally run up to 39 downgrades for individual ASX-listed stocks, and that's just for the five trading sessions, against 19 upgrades. These numbers are not unprecedented, but they are high nevertheless, and they also reveal a heavy skew towards downgrades.

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