Buy, Sell, Hold: FMG, Regis and Myanmar

FMG and Regis downgraded on valuation grounds; and coverage initiated on Myanmar.

Buy, Sell, Hold: FMG, Regis and Myanmar Buy, Sell, Hold: FMG, Regis and Myanmar Buy, Sell, Hold: FMG, Regis and Myanmar Buy, Sell, Hold: FMG, Regis and Myanmar Buy, Sell, Hold: FMG, Regis and Myanmar

Fortescue Metals Group (FMG)

Analyst: Michael Slifirski, Credit Suisse

Recommendation: Neutral (previously outperform)

Price target: A$6 (previously $5.10)

Thursday's close: $6.

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