SHL is another stock that received a broker downgrade after punching to fresh all-time highs i.e. its not a problem with the business just a case of the stock going too far too fast. Like many companies SHL have staff issues due to Omicron but the largest concerns revolve around antigen kits taking over from previous COVID testing, this maybe true but the new COVID world in our opinion brings with it plenty of opportunities for SHL.
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Reporting season has taken a positive turn – James Gerrish breaks down some of this weeks action.
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Thursday 11th September – Dow off -220pts, SPI off -20pts
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Wednesday 10th September – Dow up +196pts, SPI down -4pts
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MM likes SHL around $38
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