SINGAPORE (Feb 9): CIMB Research is keeping its “Add” rating for Singapore Telecommunications (Singtel) but lowering is target price marginally to S$4.00, from S$4.10 previously.
This comes after Singtel’s 3Q18 results “slightly missed” the research house’s expectations due to drag from its associates and the Singapore consumer segment.
Singtel saw its earnings fall 8.5% to S$890.2 million in the 3Q ended December 2017,...(click on link for full story on theedgesingapore.com)