Morningstar Equity Research

Broker's Calls

Baijiu sales still sluggish around Lunar New Year, but Morningstar thinks these 10 liquor stocks are ‘undervalued’

Two of the 10 names have a five-star rating from Morningstar, with target prices nearly double their current share prices.

Broker's Calls

Morningstar raises target prices on all three Singapore banks by 3%-6%

The Fed may be more likely to hold than to cut US interest rates, and this shift in stance may help maintain margins.

Broker's Calls

Suntec REIT unitholders should reject Aelios’ revised $1.19 cash offer: Morningstar

Morningstar Equity Research analyst Xavier Lee has also downgraded his rating on Suntec REIT to three stars.
Estee Lauder, Pfizer, Nike in Morningstar’s list of 10 cheapest wide-moat US stocks - THE EDGE SINGAPORE

US stocks

Estee Lauder, Pfizer, Nike in Morningstar’s list of 10 cheapest wide-moat US stocks

These are companies with “wide economic moats” and “significant advantages” that allow them to successfully fend off competitors for decades.
Morningstar raises SGX’s fair value, following Citi, Morgan Stanley, RHB - THE EDGE SINGAPORE

Broker's Calls

Morningstar raises SGX’s fair value, following Citi, Morgan Stanley, RHB

Shares in SGX have gained some 26% year-to-date.

Broker's Calls

Excitement about Willow, quantum computing sends Alphabet’s shares higher: Morningstar

“The market’s current view on the impact of antitrust and a perception of Alphabet as an AI laggard is overly punitive,” says the same analyst who had called Alphabet “materially undervalued”.
Suntec REIT unitholders should reject Aelios’ ‘unattractive’ $1.16 cash offer: Morningstar - THE EDGE SINGAPORE

Broker's Calls

Suntec REIT unitholders should reject Aelios’ ‘unattractive’ $1.16 cash offer: Morningstar

Morningstar Equity Research analyst Xavier Lee thinks the offer price should be “at or above” his fair value estimate of $1.38 per unit.

Broker's Calls

Morningstar keeps US$21 target price on Intel amid CEO exit

Intel saw its stock rally about 4% to US$25 after CEO Pat Gelsinger announced his retirement on Dec 2.

Broker's Calls

Another CEO change for New World Development doesn’t affect operations, valuation: Morningstar

Hong Kong-listed New World Development announced the resignation of CEO Eric Ma on Nov 29, just two months after he was appointed in September.

Broker's Calls

Brokers’ Digest: CDL, PropNex, PLife REIT, KIT, SingPost, Grand Banks Yachts, Nio, Frencken, ST Engineering, UOB

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