"According to a note out of the equities desk at Macquarie, its...

"According to a note out of the equities desk at Macquarie, its analysts have downgraded Trade Me’s shares to an underperform rating. Furthermore, the investment bank has cut the price target on the online marketplace provider’s shares to NZ$5.00 ($4.67). Macquarie appears to believe that increased competition will mean that the company finds margin expansion hard to come by. "

http://www.**promotion blocked**.au/2017/08/04/3-asx-shares-brokers-think-you-should-sell-3/