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Deutsche Bank Reiterates Sell Rating for Treasury Wine Estates (TWE)
Mar 6, 2014
(Tuckerreport) - Deutsche Bank reiterated their sell rating on shares of Treasury Wine Estates (ASX:TWE) in a research note released on Wednesday morning, AnalystRatingsNetwork.com reports.
Deutsche Bank has also updated their ratings on a number of other stocks in the last week. The firm reiterated its buy rating on shares of Trina Solar. Also, Deutsche Bank downgraded shares of Pan American Silver Corp. from a buy rating to a hold rating. Their analysts now have a $15.00 price target on that stock, up previously from $14.00. They noted that the move was a valuation call. Finally, Deutsche Bank downgraded shares of Silver Standard Resources Inc. from a hold rating to a sell rating. Their analysts now have a $9.00 price target on that stock, up previously from $8.00.
A number of other analysts have also recently weighed in on TWE. Analysts at UBS AG reiterated a sell rating on shares of Treasury Wine Estates in a research note on Tuesday, February 18th. They now have a $3.18 price target on the stock, down previously from $3.74. Five research analysts have rated the stock with a sell rating and two have assigned a buy rating to the company’s stock. Treasury Wine Estates has a consensus rating of Hold and a consensus target price of A$3.18 ($2.84).
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