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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