The broker wrap: Upgrades for Alumina and Myer

Founder of FNArena
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Stockbrokers zoomed in on the re-election of US President Barack Obama last week and what the consequences might be for healthcare companies in Australia. Items that had their attention as well include banks, discretionary retailers and, of course, the leadership change in China.

As far as individual stock ratings are concerned, the past week has been a quieter one. The eight brokers in the FNArena database made just six upgrades and nine downgrades in recommendations. Total Buy ratings now stand at 43.32%. (See full-page broker wrap table at the end of this article.)

Upgrades

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