DBS lowered its target price from S$11.50 to S$10.50 while Deutsche Bank revised it from S$10.50 to S$9.50.
Credit Suisse said when maintaining its “Neutral” call, “The SGX lacks near-term organic catalysts and is also exposed to M&A risk after the failed ASX-SGX merger.” IIFL issued a “Reduce” call on the stock and lowering its target price to S$7.40.
