Broker: DBS Bank
Date of Report: 27 July
Excerpt from DBS Bank report
DBS Bank analyst Sachin Mittal has upgraded StarHub Ltd. to a Buy rating from Fully Valued, setting a new target price of S\$1.40, representing a potential 37% upside from the last traded price.
Report Summary
- Action: StarHub upgraded to Buy.
- Target Price: S\$1.40.
- Key Idea: The upgrade is based on improved performance metrics, with investors following previous recommendations receiving a 4.6% return in the past year versus a negative 13% return on the shares.
- Implications: The Buy rating and S\$1.40 price target signal a positive outlook for StarHub, offering a clear actionable opportunity for investors seeking value and upside.
Above is an excerpt from a report by DBS Bank. Clients of DBS Bank can access the full research report from the broker’s website: DBS Bank research website
