“Stock positives… have been priced in, in our view,” Phillip’s senior research analyst Terence Chua writes in a note dated July 25.
Although analysts are positive on Singapore Exchange buying MaxxTrader, their recommendations are mixed for investors.
On one hand, Phillip Securities has downgraded the stock to a “neutral” rating from “accumulate” previously, albeit with a higher target price of $11.95 from $11.25.
