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It says CBA's valuation premium may erode as ANZ, WBC show positive earnings revision. It maintains its sell rating and $130 price target.
Morningstar - meantime - maintains fair value estimate for CBA & retains its earnings forecasts..
Sticking with the banks and Citi says Bendigo and Adelaide Bank's quarterly results are tough to digest...it has a sell rating on the stock with $11.00 PT.
Meantime Citi analysts have lifted the target price for Monadelphous after it provided an upbeat half-year and annual forecast. Price target is $28.75.
NexGen Energy has ben Downgraded to Speculative Hold from Speculative Buy Bell Potter...target price $13.05
While Pro Medicus has been Upgraded to Buy from Hold Bell Potter...with a target price of $320.00
And Jefferies has lifted Megaport's rating to a 'buy' with a PT of $20 after its Latitude.sh buy in India.