DBS Group Research

Thai Beverage (ThaiBev) was the most heavily traded counter on Nov 22 with some 31.36 million shares changed hands as at 11.31am.

First Trust Cloud Computing; Global X Cloud Computing ETF; iShares Cybersecurity and Tech ETF and Global X Cybersecurity ETF are DBS’s top picks.

Here's what the analysts have to say this week.

Analysts Chee Zheng Feng and Andy Sim have kept their "buy" call with a higher target price of 77 cents.

AEM has raised its 2HFY2024 revenue guidance to $190 million to $210 million, up from $160 million to $180 million, due to its key customer bringing forward systems’ order from FY2025 into 4QFY2024.

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

The analysts keep their “buy” call, but revise down their near-term recovery outlook for the REIT.

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

The analysts' target prices now range from $37 to $41.

Analyst Jason Sum has also lowered his target price to $2.50 from $2.80 previously.