Thursday, June 21, 2012
Property developers
Property developers: UOBK raises sector to Overweight vs market weight.
- CapitaLand: TP raised to $3.65 from $3.40.
- City Dev: upgraded to Hold from sell, TP raised to $11.10 from $9.20
- GuocoLand: upgraded to Buy from hold, TP cut to $1.95 from $2.10
- Keppel Land: TP raised to $3.80 from $3.60
- OUE: TP raised to $3.10 from $2.90
- Wheelock: upgraded to Buy from hold
- Wing Tai: TP raised to $1.60 from $1.50.
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