Meanwhile, Maybank Securities has kept its “hold” call at a lower target price of $2.65 from $2.75 previously.
Following CapitaLand Ascendas REIT (SGX:A17U) ’s (CLAR) business update for the 1QFY2024 ended March 31,analysts are mostly pleased with the REIT’s strong rental revisions, despite its decline in portfolio occupancy.
RHB Bank Singapore, CGS International, DBS Group Research and Citi Research have all kept their “buy” and “add” calls at unchanged target prices of $3.20, $3.06, $3.25 and $3.00 respectively.

