AFR posted at 1:30 pm today BHP, Flight Centre among shares to face broker downgrades Share post BHP, Flight Centre and Harvey Norman are among the companies that have faced a downgrade by brokers overnight, according to data compiled by Bloomberg.
Liberum* has cut its rating on BHP to a sell with a price target of $34.57, more than a quarter below its current level.
Broker Ord Minert has cut Flight Centre shares to a sell rating and placed a price target of $14.28 on the stock, a third lower from its current level.
Jefferies has reduced its rating on Harvey Norman shares to a hold and placed a price target of $5.30 on the shares, 10 per cent higher than their current level.
Seems a very stiff downgrade could this be a currency mix up?.
Has anyone got access to this Liberum report?
*Liberum Capital Ltd, a UK FCA-regulated investment bank which is a member of the London Stock Exchange.
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