Monday, May 11, 2009

Market Daily -- 11th May 09

26. City Developments 1Q Net Profit S$83.1M Vs S$165M

25. DBS Target Raised To S$9.60 Vs S$8.10 By CLSA; Kept At Sell

24. STX Pan Ocean Target Raised To S$9.50 From S$6.35 By CS

23. DBS Target Raised To S$12.50 From S$9.50 By Credit Suisse

22. Fraser & Neave Target Upped To S$3.44 Vs S$2.76 - DBS Vickers

21. Sembcorp Marine Fair Value Raised To S$2.6 From S$2.4 By UOB

20. DBS Group Target Raised To S$13.64 From S$10.55 By UOB-KH

19. Suntec REIT Fair Value Raised To S$0.81 From S$0.66 - UOB-KH

18. CapitaCommercial Fair Value Raised To S$1.14 Vs S$0.93 -UOB

17. Ascendas REIT Target Raised To S$1.93 From S$1.62 By UOB-KH

16. Fraser & Neave Target Raised To S$3.50 From S$2.15 By Kim Eng

15. DBS Target Raised To S$13.20 From S$11.57 By CIMB

14. Sembcorp Marine Target Raised To S$3.00 From S$2.53 By CIMB

13. Genting Intl Started At Buy, S$0.90 Target By AmFraser

12. SembMarine Target Raised To S$3.15 From S$2.41 by UBS

11. DBS Target Raised To S$14.09 From S$10.74 By Macquarie

10. SembMarine Target Raised To S$3.22 From S$2.39 By Nomura

9. ST Engineering Target Cut To S$2.30 From S$3.60 By MS

8. DBS Target Raised To S$14.00 Form S$11.00 By RBS; Keeps Buy

7. SembMarine Target Raised To S$3.80 Vs S$2.30 By Deutsche Bank

6. Wilmar Target Raised To S$4.60 From S$3.40 By BNP Paribas

5. SembMarine Target Raised To S$3.15 Vs S$2.45 By JPMorgan

4. DBS Target Cut To S$10.30 From S$11.73 By Phillip Securities

3. DBS Target Raised To S$11.50 Vs S$8.50 By DMG; Kept Neutral

2. Singapore Airport Terminal Services Renews Contracts With SIA

1. WALL STREET: Stocks rose as not even a $75 billion shortfall in bank capital, half a million job losses deterred buyers due to whiff of economic recovery in air. Dow +2.0%, Nasdaq +1.3%.