JP Morgan cuts price target on CSL shares. Are they still a buy?
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CSL Ltd (ASX: CSL) shares have recently captured the attention of experts and investors.
On 19 August, CSL posted its FY25 result.
Heading into the result, CSL shares were widely considered an attractively valued ASX 200 stock. In July, wealthy investors had sold down Commonwealth Bank of Australia (ASX: CBA) shares in favour of CSL.
However, CSL’s result stunned the market. In fact, they triggered a 17% decline, marking the company’s largest one day decline since the company listed in 1999.
On Friday, CSL shares closed below $210.
Investors may be wondering if CSL shares are a good buying opportunity today.
Following the result, several brokers released research notes, detailing their views on…