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Analysts generally positive on OCBC following 3QFY2024 earnings, with most raising their TPs

Cherlyn Yeoh
Cherlyn Yeoh • 6 min read
Analysts generally positive on OCBC following 3QFY2024 earnings, with most raising their TPs
UOB Kay Hian, Maybank Securities, PhillipCapital, CGSI and Goldman Sachs have maintained their “buy” calls on OCBC. Photo: OCBC
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UOB Kay Hian (UOBKH), Maybank Securities, PhillipCapital, CGS International and Goldman Sachs have maintained their “buy” calls on Oversea-Chinese Banking Corporation (OCBC) after its 3QFY2024 ended Sept update.

Meanwhile DBS Group Research kept its “hold” call. Morningstar also maintained its “four-star” rating after the update. 

Most of the analysts upgraded their target price except for Morningstar’s unchanged target price of $17.

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