$Alumina Ltd (AWC.AU)$: Citi upgrades the stock from neutral to buy but trims the target to A$1.60 from A$1.85 Alumina shares, down roughly one third from a February high, are now cheap enough to buy, says Citi. Cost pressures will continue to rise throughout CY22 with higher input costs," cutting into earnings, but Citi now sees "a value case in what is a hard/impossible to replicate asset base."
$G8 Education Ltd (GEM.AU)$: UBS maintains a buy rating and A$1.34 target price on the stock. The center operator's cost-reduction program provides a buffer against potential cost inflation, and observes that the sector generally has been successful in passing costs along to consumers, UBS says.
Buy: Also known as strong buy and "on the recommended list." Needless to say, buy is a recommendation to purchase a specific security. Sell: Also known as strong sell, it's a recommendation to sell a security or to liquidate an asset. Hold (Neutral): In general terms, a company with a hold recommendation is expected to perform at the same pace as comparable companies or in line with the market. Underperform: A recommendation that means a stock is expected to do slightly worse than the overall stock market return. Underperform can also be expressed as "moderate sell," "weak hold," and "underweight." Outperform: Also known as "moderate buy," "accumulate," "add," and "overweight." Outperform is an analyst recommendation meaning a stock is expected to do slightly better than the market return.
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Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.