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Macquarie downgrades Blackmores: Aus shares close 0.6% lower

06 Nov 2019 – Following a steady decline over the afternoon the S&P/ASX200 closed 0.6 per cent lower. Macquarie downgraded Blackmores (ASX:BKL) as an Underperform and reduces its 12-month price target to $58. Corporate Travel Management (ASX:CTD) confirmed its expectation for a 10 to 16.5% increase in EBITDA YoY.

Source: Finance News Network

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