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5.35% $1.97 appen limited

MACQUARIE downgrades APX to Underperform from Neutral, page-57

  1. jdon
    913 Posts.
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    26/11/21
    12:29
    Post #: 57879437
    I hope you're right. I have a big exposure to Appen.

    Appen could easily settle the market down by re-confirming guidance. If they don't do that over the next couple of business days, then I fear Macquarie may be right and we're in for another downgrade. In fact, they should be doing it right now! Appen's silence is deafening.

    So I'm changing my sentiment to Hold.
    Last edited by jdon: 26/11/21
    APX Price at posting: $9.73 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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