1. Citigroup downgrades OCBC to Sell from Buy; cuts target price to S$8.35 from S$9.30
2. UBS downgrades Neptune Orient Lines to Sell from Neutral; cuts target price to S$2.20 from S$3.30
3. Singapore Exchange Target Cut To S$5.30 Vs $6 By UOB KayHian, Sell rating
4. DBS Target Cut To S$20.85 From S$22.35 By Citi; Keeps Buy
5. OCBC Target Cut To S$8.00 From S$9.30 By JPM; Keeps Neutral
6. BNP Paribas upgrades DBS to Buy from Hold; raises target price to S$22.70 from S$20.50
7. DBS Target Cut To S$20.50 From S$23.00 By Credit Suisse
8. StarHub Target Cut To S$2.55 From S$2.70 By Credit Suisse
9. DBS Target Cut To S$15.50 From S$18.00 By Morgan Stanley
10. Credit Suisse cuts StarHub target to S$2.55 from S$2.70; maintains Underperform rating.
11. CIMB downgrades Neptune Orient Lines to Underperform from Outperform, cuts target price to S$2.55 from S$4.50 to reflect more challenging operating environment
12. CIMB upgrades Meiban Group to Outperform from Neutral. cuts target price to S$0.31 from S$0.34
13. DBS Vickers downgrades Cosco to Fully Valued from Hold. Cuts target price to S$2.46 from S$3.25 based on P/E of 8X shipbuilding, offshore earnings.
14. Lehman Brothers cuts target price for Neptune Orient Lines to S$2.30 from S$2.60
15. UBS downgrades Venture Corp. to Neutral from Buy; cuts target price to S$11.00 from S$14.00
16. OCBC Investment Research cuts fair value for Singapore Exchange to S$8.10 from S$9.60
17. Credit Suisse reiterates Neutral rating on OCBC , leaves target price unchanged at S$9.00
18. Credit Suisse reiterates Outperform ratings on Midas , maintains target price of S$0.95
19. Morgan Stanley cuts OCBC target price to S$7.00 from S$7.50
20. Daiwa cuts DBS target price to S$21.50 from S$22.40; maintains Outperform rating
21. Daiwa cuts OCBC target price to S$9.80 from S$10.10 after 2Q08 results; maintains Outperform rating
22. Credit Suisse says Singapore REITs sector still safe haven, maintains Market Weight rating on sector. Says S-REITs trading inexpensively at price/book of 0.87x vs historical average of 1.14x.
23. Singapore 2Q actual GDP growth likely lower than advanced estimate, at 1.7% on year vs 1.9% earlier estimated -- Poll
24. Citigroup cuts Venture Corp target price to S$12.50 from S$14.20
25. Kim Eng Securities lifts DBS target price to S$23.20 from S$22.60 after rolling forward valuation to 1.6X FY09 P/B
