6 ASX shares upgraded and downgraded by the experts this week
Detailed summary
Brokers have changed their ratings and 12-month price targets on Qantas, Codan, and others. The post 6 ASX shares upgraded and downgraded by the experts this week appeared first…
S&P/ASX 200 Index (ASX: XJO) shares are down 0.4% to 9,115.6 points on Thursday.
Meanwhile, brokers have altered their ratings on several ASX shares this week.
The Qantas share price is $9.86, down 1.1% today and up 1% over 12 months.
Morgans analyst Christopher Creech noted resilient travel demand and higher fares were partly offsetting higher fuel costs.
The Flight Centre share price is $12.09, down 2.5% today and down 1% over 12 months.
Over the past month, this ASX consumer discretionary share has ripped 18%.
Morgan Stanley downgraded Flight Centre shares to a hold rating yesterday.
The Monadelphous share price is $34.53, down 1% today and up 29% over 12 months.
The Smartgroup share price is $11.24, down 2.3% today and up 34% over 12 months.
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