Welcome to our weekly review of the major moves from the big brokers and research houses for the week, with a special focus on upgrades, downgrades, and price target changes.
Highlights:
- Brokers updated their steel, coal and iron ore price assumptions, and therefore ratings and price targets for a number of mining stocks
- Brickworks held their investor day and provided the market with a trading update
- Boral also provided a trading update, downgrading their earnings guidance range
- Feature stocks this week: BHP Group (BHP), Champion Iron (CIA), Fortescue Metals Group (FMG), Mineral Resources (MIN) and Rio Tinto RIO)
We'll investigate all of this and more in this week's Australian Broker Moves Review.
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Fundamental Analysis
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