upgrade

UBS upgrades DBS to a buy for these reasons  - THE EDGE SINGAPORE

Banking & finance

UBS upgrades DBS to a buy for these reasons

UBS upgrades DBS to a buy and is its most preferred bank

Broker's Calls

StarHub gets an upgrade as it rides on reopening tailwinds

Maybank Securities gives StarHub an upgrade as it is well positioned to ride on the reopening.

Broker's Calls

RHB upgrades Frencken to 'buy' on attractive valuations

RHB analyst Jarick Seet had downgraded Frencken to “neutral” previously with a lowered P/E of 10x from 14x.
RHB upgrades Valuetronics to 'neutral' as it sees worst to be over - THE EDGE SINGAPORE

Broker's Calls

RHB upgrades Valuetronics to 'neutral' as it sees worst to be over

The upgrade comes after Valuetronics had just come off an expectedly tough FY2022 ended March.

Broker's Calls

PhillipCapital upgrades CICT to 'buy' as it sees recovery in full swing

UOB Kay Hian has also kept its “buy” call on the REIT.

Broker's Calls

PhillipCapital upgrades Fortress Minerals to 'buy' on positive outlook

In addition to her recommendation upgrade, PhillipCapital has also increased its target price estimate to 66 cents from 50 cents.

Broker's Calls

SAC Capital upgrades Grand Venture Tech to 'buy' as FY2021 results surpass expectations

The analyst has lowered her target price to $1.195 from $1.30 previously to account for a higher cost of debt and market risk.
RHB upgrades tech sector to 'overweight' as it deems the sector's risk-reward profile to be in 'solid shape' - THE EDGE SINGAPORE

Broker's Calls

RHB upgrades tech sector to 'overweight' as it deems the sector's risk-reward profile to be in 'solid shape'

RHB analyst Jarick Seet has identified Frencken and Venture Corp as his top picks within the sector.
RHB upgrades Japan Foods to 'buy' on relaxation of dine-in restrictions - THE EDGE SINGAPORE

Broker's Calls

RHB upgrades Japan Foods to 'buy' on relaxation of dine-in restrictions

The brokerage has also increased Japan Foods’ target price estimate to 50 cents from 37 cents previously.

Broker's Calls

RHB upgrades Venture Corp to 'buy' as unmerited share price weakness represents opportunity to accumulate

As at 3.30pm, shares in Venture are trading 19 cents higher or 1.0% up at $18.90, or 2.0 P/B, according to RHB’s estimates.
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