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Broker's take: OCBC downgrades First Reit to 'sell' on concerns of valuation and sponsorOCBC Investment Research has downgraded First Reit from 'hold' to 'sell' as valuations are still not compelling, and concerns over the Reit's (real estate investment trust) main revenue contributor and sponsor remain. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Brokers' take: OCBC downgrades HPH Trust to 'sell'; DBS maintains 'hold'OCBC Investment Research has downgraded its call on Hutchison Port Holdings Trust (HPH Trust) from 'buy' to 'sell', on the back of an unexpected HK$12.3 million (S$2.1 million) non-cash impairment loss, while DBS Group Research has maintained its 'hold' rating on the counter, with a target price of US$0.26. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Brokers' take: OCBC downgrades HPH Trust to 'sell'; DBS maintains 'hold'OCBC Investment Research has downgraded its call on Hutchison Port Holdings Trust (HPH Trust) from 'buy' to 'sell', on the back of an unexpected HK$12.3 million (S$2.1 million) non-cash impairment loss, while DBS Group Research has maintained its 'hold' rating on the counter, with a target price of US$0.26. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Broker's take: OCBC downgrades First Reit to 'sell' on concerns of valuation and sponsorOCBC Investment Research has downgraded First Reit from 'hold' to 'sell' as valuations are still not compelling, and concerns over the Reit's (real estate investment trust) main revenue contributor and sponsor remain. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »