Daily FNArena News

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments

Medical glove and safety protection solution company Ansell issued a notable downgrade to earnings ahead of first half results, as the company feels the continued pressure of covid impact

Given the risk of a “dead cat” bounce, Michael Gable of Fairmont Equities does not advocate buying anything right now, but suggests Macquarie Group is worth watching

As digital disruption mounts in the auto industry, analysts want to know how Carsales.com will respond – a roadmap please!

Brokers remain positive on the outlook for ResMed due to a new product launch and the potential for both increased market share and the easing of supply chain pressures

Saxo Bank is predicting a resurgence of the fossil fuel sector in the coming year amidst a global energy crisis driven by the global focus on future energy solutions. Impacts will likely be far reaching, with consumer goods pricing set to rise and shareholders in commodities producers benefiting from elevated demand

The Chartist remains longer term bullish on the S&P500, but for now is staying right out of it

Michael Gable of Fairmont Equities notes the ASX200 must confidently trade back through 7200 to set up for a sustained rebound. If not…

Ben Goodwin of Merlon Capital Partners explains why, due to ESG duress running ahead of a full global energy transition, Australia’s oil & gas companies are undervalued

Despite a share price savaging upon the release of second quarter results, brokers are generally upbeat on Megaport’s outlook