Tuesday, April 21, 2009

Market Daily -- 21st Apr 09

9. Venture Corp Target Raised To S$7.40 From S$5.80 By CS

8. Indofood Agri Target Raised To S$1.40 From S$0.70 By Goldman

7. Goldman Upgrades Wilmar To Buy; S$4.10 Target

6. Jardine C&C Target Raised To S$11.20 From S$9.50 By Goldman

5. Neptune Orient Lines Started At Sell By OCBC; S$0.815 Target

4. DBS Target Raised To S$11.00 From S$10.00 By RBS; Keeps Buy

3. UOB Target Raised To S$11.00 From S$9.00 By RBS; Keeps Hold

2. OCBC Raised To Buy From Hold By RBS; S$7.00 Target

1. WALL STREET: Stocks slumped as investors worried banks would need another round of assistance from government despite profit report from Bank of America; BofA dropped 24% as bank sets aside more money to cover bad loans. Dow fell 3.6%, biggest percentage drop since March 5; Nasdaq off 3.9%