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<\/p>\nS&P\/ASX 200 Index (ASX: XJO) shares are down 0.05% to 8,717.2 points on Thursday.\u00a0<\/p>\n
As the new financial year begins, brokers are running their rulers over several ASX shares and adjusting their ratings and 12-month price targets.\u00a0<\/p>\n
Let’s take a look at some downgrades from the experts this week.\u00a0<\/p>\n
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Image source: Getty Images<\/p>\n
The JB Hi-Fi share price is $76,45, down 2.2% today and down 32% over 12 months.\u00a0<\/p>\n
UBS downgraded the ASX consumer discretionary<\/a> share to a hold rating on Tuesday.\u00a0<\/p>\n The broker shaved its 12-month price target from $85 to $83.<\/p>\n This suggest a potential 8% upside ahead.<\/p>\n Evolution Mining Ltd (ASX: EVN<\/a>)<\/p>\n The Evolution Mining share price is $11.80, up 2.1% today and up 51% over 12 months.\u00a0<\/p>\n UBS downgraded the ASX 200 gold<\/a> share to a hold rating on Tuesday.<\/p>\n The broker cut its 12-month price target from $14 to $12.60.<\/p>\n This implies a potential 7% upside ahead.<\/p>\n Whitehaven Coal Ltd (ASX: WHC<\/a>)<\/p>\n The Whitehaven Coal share price is $7.50, up 0.2% on Thursday and up 34% over 12 months.\u00a0<\/p>\n UBS downgraded the ASX coal<\/a> share to a hold rating on Tuesday.\u00a0<\/p>\n The broker lowered its 12-month price target from $9.10 to $8.70.<\/p>\n This indicates possible capital gains of 16% over the next year.\u00a0<\/p>\n Judo Capital Holdings Ltd (ASX: JDO<\/a>)<\/p>\n The Judo share price is 90 cents, down 1.4% today and down 44% over 12 months.\u00a0<\/p>\n UBS downgraded Judo shares to a hold rating on Monday.<\/p>\n The broker has a 12-month target price of $1.05, indicating a potential 17% upside over FY27.\u00a0<\/p>\n The Data#3 share price is $9.54, up 1.2% today and 25% higher over 12 months.\u00a0<\/p>\n