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Analysts raise TPs on Sea after another ‘blowout’ quarter  - THE EDGE SINGAPORE

Broker's Calls

Analysts raise TPs on Sea after another ‘blowout’ quarter

The analysts see an improved outlook for Shopee amid stabilisation of the Asean e-commerce competitive landscape.

Broker's Calls

Delfi to see continued margin pressure, analysts keep ‘hold’ and ‘add’ calls

DBS has maintained its target price on Delfi at 80 cents, while trimming FY2024 and FY2025 earnings estimates by 11% and 16% respectively on lower margin assumptions.

Broker's Calls

‘Buy’ Grab as 3QFY2024 earnings hitting all the right notes, analysts say

The Maybank, DBS and CGSI analysts have all raised their target prices to US$5.40, US$5.16 and US$4.90 respectively.

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DBS downgrades SIAEC to ‘hold’ amid ‘lacklustre’ earnings prospects

Analyst Jason Sum has also lowered his target price to $2.50 from $2.80 previously.
Citi upgrades DBS to ‘neutral’; keeps UOB’s ‘sell’ call after 3QFY2024 results - THE EDGE SINGAPORE

Broker's Calls

Citi upgrades DBS to ‘neutral’; keeps UOB’s ‘sell’ call after 3QFY2024 results (update)

Even though Citi has not made any changes to UOB's call and target price, analyst Tan Yong Hong notes that UOB could be the next capital management play among Singapore banks.
Odds against Genting Singapore following shift in tourist demographics: DBS - THE EDGE SINGAPORE

Broker's Calls

Odds against Genting Singapore following shift in tourist demographics: DBS

Its peer Marina Bay Sands also reported a significant 20% y-o-y decline in VIP rolling volumes, but saw a more moderate 4% y-o-y reduction in mass gaming volumes in 3QFY2024.

Broker's Calls

DBS increases Japfa’s TP to 56 cents as 9MFY2024 patmi sees turnaround

Analysts Chee Zheng Feng and Andy Sim are keeping their “buy” call as they see more room for earnings growth before its peak.

Broker's Calls

UOBKH increases FEHT’s TP to 82 cents after seeing ‘healthy seasonal’ 3QFY2024

As at 4.40pm, units in FEHT are trading 0.5 cents lower or 0.8% down at 62 cents.

Broker's Calls

PhillipCapital and RHB increase Sheng Siong’s TPs and estimates after 3QFY2024 results

Citi Research has kept its "buy" call and target price unchanged.
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