Myer upgraded

Now that Myer is trading below our recommended buy price, we’re upgrading once again.

With all the ‘mid-season sale’ signs around Sydney’s Pitt Street Mall lately, it looks like retail is going through one of its regular rough patches. In fact we said ‘the first quarter of 2017 looks like a difficult one’ when reviewing Myer, the department store company, in Myer: Result 2016 last month.


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