broker moves

Bell Potter, Citi, and Shaw and Partners have issued updated research on ASX uranium stocks resulting in ratings and price target changes.

A cut to the ratio of reserves Chinese banks are required to hold as collateral for loans bolstered mining and energy stocks.

Stronger metals prices overnight, likely due to rumours of a rescue package for the Chinese stocks, helped resources to a welcome gain.

The S&P/ASX 200 chalked up a welcome third day of gains to take it to within 1.6% of its all time highs.

Brokers have reviewed the latest developments for LTR, S32 & LYC, adjusting their ratings & targets. Good news, they still like 2 out of 3!

Lithium stocks were spooked by a disappointing Liontown update, price target cuts at a major broker, and falling lithium futures prices.

4 days down, 1 day up. What a week! Who are we to complain about today's 75 point gain which erased roughly half of the week's losses? TGIF!