initiate

Broker's Calls

UOB Kay Hian initiates coverage on NetLink at ‘buy’ with 93 cent price target

SINGAPORE (Aug 31): UOB Kay Hian has initiated coverage on NetLink NBN Trust with a “buy” and target price of 93 cents, which implies an annualised distribution yield of 5.2% and 6% of the research house’s projects for FY18 and FY19, respectively.

This new trend could be a potential game-changer in social advertising

SINGAPORE (Feb 9): Jefferies is initiating coverage on two of China’s largest and Nasdaq-listed live streaming players, Momo Inc and YY Inc, as the self-broadcasting video craze continues its ascent since its boom in mid-2016.
Manulife

Broker's Calls

One REIT to benefit from a rebounding US economy

SINGAPORE (Nov 23): RHB Singapore is initiating coverage on Manulife US REIT with a "buy” recommendation with a target price of 96 US cents ($1.37).

Broker's Calls

DBS starts bullish on Procurri’s earnings prospects

SINGAPORE (Sept 19): DBS Vickers Securities is initiating coverage on Procurri at “buy” with a target price of 67 cents.
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