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Top brokers name 3 ASX shares to sell next week – Motley Fool Australia

Top brokers have named TPG Telecom Ltd (ASX:TPG) and these ASX shares as sells for next week. Here’s why they are bearish…

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Once again, a large number of broker notes hit the wires last week. Some of these notes were positive and some were bearish.
Three sell ratings that caught my eye are summarised below. Here’s why top brokers think investors ought to sell these shares next week:
Magellan Financial Group Ltd(ASX: MFG)
A note out of the Macquarie desk reveals that its analysts have downgraded this fund manager’s shares to an underperform rating with an improved price target of $57.50. Although Magellan has been …

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