Maybank Securities’ Chua Su Tye and UOB Kay Hian’s Jonathan Koh on the other hand, have held their target prices at $2.15 and $2.08 respectively.
Analysts from four brokerages have maintained their ‘buy’ rating on Mapletree Logistics Trust (MLT), although CGS-CIMB Research’s Lock Mun Yee and OCBC Investment Research have cut their target price.
CGS-CIMB has slashed their target price from $2.10 to $2.05, and OCBC Investment Research dropped its target price from $2 to $1.92.
