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Are they in cahoots?
Yesterday a price slump following a broker downgrade:

11 June
Broker Moves
• SiteMinder Raised to Overweight at Wilsons; PT A$6.50
• Brambles Raised to Overweight at Morgan Stanley; PT A$16.60
• Codan Ltd Cut to Neutral at Macquarie; PT A$11.15
• Cauldron Energy Rated New Speculative Buy at Euroz
• Northern Minerals Raised to Speculative Buy at Ord Minnett
• APM Human Services Cut to Hold at Bell Potter; PT A$1.45

While today:

13 June
Broker Movers
Codan Ltd Rated New Buy at UBS; PT A$13.10
Champion Iron Raised to Outperform at Macquarie; PT A$7.90
Lovisa Cut to Hold at Jefferies; PT A$35
Seek Raised to Overweight at JPMorgan; PT A$26.50

<blockquote data-quote="finicky" data-source="post: 1283244" data-attributes="member: 2104"><p>Are they in cahoots?</p><p>Yesterday a price slump following a broker downgrade:</p><p></p><p><strong>11 June</strong></p><table style='width: 100%'><tr><td>Broker Moves</td></tr></table>
<table style='width: 100%'><tr><td>• SiteMinder Raised to Overweight at Wilsons; PT A$6.50<br />
• Brambles Raised to Overweight at Morgan Stanley; PT A$16.60<br />
• <strong>Codan Ltd Cut to Neutral at Macquarie</strong>; PT A$11.15<br />
• Cauldron Energy Rated New Speculative Buy at Euroz<br />
• Northern Minerals Raised to Speculative Buy at Ord Minnett<br />
• APM Human Services Cut to Hold at Bell Potter; PT A$1.45</td></tr></table><p></p><p>While today:</p><p></p><p><strong>13 June</strong></p><table style='width: 100%'><tr><td>Broker Movers</td></tr></table>
<table style='width: 100%'><tr><td>
<ul>
<li data-xf-list-type="ul"><strong>Codan Ltd Rated New Buy at UBS</strong>; PT A$13.10</li>
<li data-xf-list-type="ul">Champion Iron Raised to Outperform at Macquarie; PT A$7.90</li>
<li data-xf-list-type="ul">Lovisa Cut to Hold at Jefferies; PT A$35</li>
<li data-xf-list-type="ul">Seek Raised to Overweight at JPMorgan; PT A$26.50</li>
</ul>
</td></tr></table></blockquote><p></p>

[QUOTE="finicky, post: 1283244, member: 2104"] Are they in cahoots? Yesterday a price slump following a broker downgrade: [B]11 June[/B] [TABLE] [TR] [TD]Broker Moves[/TD] [/TR] [/TABLE] [TABLE] [TR] [TD]• SiteMinder Raised to Overweight at Wilsons; PT A$6.50 • Brambles Raised to Overweight at Morgan Stanley; PT A$16.60 • [B]Codan Ltd Cut to Neutral at Macquarie[/B]; PT A$11.15 • Cauldron Energy Rated New Speculative Buy at Euroz • Northern Minerals Raised to Speculative Buy at Ord Minnett • APM Human Services Cut to Hold at Bell Potter; PT A$1.45[/TD] [/TR] [/TABLE] While today: [B]13 June[/B] [TABLE] [TR] [TD]Broker Movers[/TD] [/TR] [/TABLE] [TABLE] [TR] [TD][LIST] [*][B]Codan Ltd Rated New Buy at UBS[/B]; PT A$13.10 [*]Champion Iron Raised to Outperform at Macquarie; PT A$7.90 [*]Lovisa Cut to Hold at Jefferies; PT A$35 [*]Seek Raised to Overweight at JPMorgan; PT A$26.50 [/LIST][/TD] [/TR] [/TABLE] [/QUOTE]

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