Thursday, August 16, 2012
Broker upgrades/downgrades
Broker upgrades/downgrades:
*Midas: OCBC upgraded to Buy from Hold and raised target price to $0.41 from $0.30
*ECS: OCBC cut fair value to $0.52 from $0.555
*Wilmar: OCBC cut fair value to $2.90 from $3.87
*ASL Marine: OCBC raised fair value to $0.82 from $0.75
*Swiber: OCBC raised fair value to $0.66 from $0.63
*Genting: Macquarie upgraded to Outperform from Neutral and raised target price to $1.70 from $1.55
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