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How ASX 200 Retail Shares Just Got a Boost From 'watchful Shoppers'
S&P/ASX 200 Index (ASX: XJO) retail shares got a late morning boost today, thanks to some thrifty Aussie shopping habits in May.
2 ASX Retail Shares Just Upgraded by Brokers (and 1 Downgraded)
ASX retail shares can be some of the hardest stocks on the market to assess as a good investment. The retail sector is notoriously cyclical, and its players have to constantly adapt to changing consumer tastes and preferences.
Macquarie Upgrades Harvey Norman to Outperform From Neutral, Price Target Is AU$5.30
Harvey Norman (ASX:HVN) has an average rating of hold and price targets ranging from AU$4.00 to AU$5.50, according to analysts polled by CapitalIQ. Price (AUD): $4.29, Change: $-0.03, Percent Change:
AU Evening Wrap: ASX Rally Late to Close Flat; Fletcher Plummets 11%
Consumer and health stocks were the best performers as the benchmark index rallied from almost 0.4% down over the last hour of Monday's session.
Do Its Financials Have Any Role To Play In Driving Harvey Norman Holdings Limited's (ASX:HVN) Stock Up Recently?
AU Evening Wrap: Australia Shares Gain 0.5% on Lower-Than-Expected Inflation
The benchmark index was flat until the release of data showing consumer prices rose by 3.4% in the 12 months to February, compared with the 3.5% expected by economists.
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