Monday, November 23, 2015

Land transport sector cut to ‘neutral’ by OCBC on subdued outlook

OCBC has downgraded the land transport sector to “neutral” on a subdued outlook this coming year. In a Monday report, the brokerage now rates SMRT “hold” with a target price of $1.43, and ComfortDelgro, also “hold”, with a target price of $2.99. The land transport sec

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