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𝛼SKbullish
Singapore Market Roundup (14-Jan-2025): CGSI raises Pan-United TP to 75 cents for industry outlook.
SUMMARY
- CGSI raises Pan-United TP to 75 cents due to positive industry outlook, potential for growth in the market.
- UOBKH reduces target price on ConfortDelGro due to rising platform fees and competition, causing concerns for future profitability.
- UOBKH highlights US office S-REITs offering attractive valuations and predicts increased revenue and patmi for SGX in 1HFY2025, while RHB reaffirms 'buy' rating for Marco Polo Marine. Morningstar increases target prices for Singapore banks, suggesting a bullish outlook for the sector.
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