Buy, Hold, Sell – what the brokers say

Founder of FNArena
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As expected, overall activity among stockbroking analysts has nosedived post the August reporting season.

Only three stocks received positive revisions to valuations and price targets during the week with TPG Telecom enjoying the most explosive boost - up 19.98% - followed by Northern Star and an almost undetectable gain for Evolution Mining.

All in all, more (and larger) reductions to earnings estimates, even if this mostly involves mid- and small cap stocks outside the Top50, leaves the Australian share market with a little bit of a sour taste post a moderately positive August reporting season.

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