Thu 09 Sep 2010 9:31
Stocks in Brief

Westpac Banking Corporation

18 Mar 04 | Issue 147

Westpac has been on a roll since since issue 144/Feb 04 (Long Term Buy-$16.39). The stock is up 10% since then, thanks to an announcement it is likely to produce earnings growth at the top end of expectations this year. While we're still happy with the way this bank is performing, the soaring share price is prompting us to downgrade to HOLD FOR THE UPSIDE.

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WESTPAC BANKING CORP | WBC
HOLD FOR THE UPSIDE
Price at review: $18.04
Most recent price: $22.70
Change since review: +25.83%