Tuesday, May 19, 2009

Market Daily -- 19th May 09

7. Tat Hong Target Raised To S$1.03 From S$0.69 By CIMB

6. CSC Holdings Target Raised To S$0.18 From S$0.13 By CIMB

5. BofA-ML Cuts OCBC To Neutral, Keeps S$6.90 Target

4. Citigroup Upgrades Parkway To Buy; S$1.85 Target

3. OCBC Raised To Buy From Neutral By Nomura; S$8.10 Target

2. Hongkong Land Target Raised To US$3.20 From US$2.35 By JPM

1. WALL STREET: Stocks rallied broadly as home-improvement retailer Lowe's raised earnings outlook lifted consumer companies and bullish research note from Goldman Sachs helped Bank of America pace financial sector higher with 9.9% lift. Dow's 2.9%-235 point gain biggest since April 9. Nasdaq +3.1%