Weekly broker wrap: DJS, MYR and NAB all downgraded

Founder of FNArena
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Brokers are still shaking off their hangover after interim reporting season but activity is slowly picking up. FNArena registered six upgrades last week versus nine downgrades. Resources and mining-related companies were marked up as retailers and banks fell out of favour, mainly due to recent share price gains and analysts not believing their valuations match the share price.

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