Monday, March 2, 2009

Market Daily -- 2nd Mar 09

24. Macquarie Cuts Parkway Hldgs Target To S$1.62

23. UOB Target Cut To S$12.85 From S$16.00 By BoA-Merrill Lynch

22. Epure Target Cut To S$0.37 Vs S$0.65 By CIMB; Kept Outperform

21. UOB Target Cut To S$10.46 Vs S$13.70 By CIMB

20. Wilmar Intl Target Raised To S$3.50 From S$2.88 By UOB-KH

19. Indofood Agri Target Cut To S$0.72 Vs S$0.99 By Kim Eng

18. Li Heng Chemical Target Cut To S$0.20 From S$0.38 By UOB-KH

17. Broadway Industrial Target Cut To S$0.23 Vs S$0.56 By Kim Eng

16. UOB Target Cut To S$9.10 Vs S$14.20 By Kim Eng; Kept At Hold

15. Jardine C&C Target Cut To S$9.91 Vs S$10.67 By DMG

14. Hongguo Intl Fair Value Cut To S$0.16 From S$0.33 By UOB-KH

13. China Sports Intl Fair Value Cut To S$0.12 Vs S$0.265-UOB-KH

12. STX Pan Ocean Target Cut To S$4.40 From S$7.00 By HSBC

11. Cambridge REIT Started At Hold By ABN Amro; S$0.23 Target

10. UOB Target Cut To S$10.30 From S$13.90 By BNP Paribas

9. UOB Cut To Neutral From Overweight By HSBC; S$10.00 Target

8. OCBC Target Cut To S$4.25 From S$4.80 By Citi; Keeps Sell

7. Yanlord Target Raised To S$0.57 From S$0.50 By Macquarie

6. Keppel Land Target Cut To S$1.48 From S$1.84 By Deutsche

5. UOB Target Cut To S$9.00 From S$13.00 By Morgan Stanley

4. UOB Target Cut To S$13.00 From S$15.00 By JPMorgan

3. SC Global Target Cut To S$0.67 Vs S$3.03 By Phillip Sec

2. United Overseas Bank Target Cut To S$11.60 Vs S$14.30 By DMG

1. WALL STREET: Stocks pushed lower as expanded federal rescue of Citigroup, dividend cut for General Electric weighed; Citigroup shed 39% after Treasury Department says willing to convert up to $25 billion of its preferred stock holdings into common stock, move that would give government 36% share of giant bank. Dow down 1.7%, Nasdaq off 1.0%