Maybank is also reiterating its "buys" on Ascedas REIT with $2.90 target price and Mapletree Industrial Trust with $2.05 target price for their stronger acquisitive growth outlook as they push on to deliver on their potentially debt-fuelled inorganic growth mandates.
SINGAPORE (Oct 25): Maybank Kim Eng is revising the target price of Mapletree Logistics Trust (MLT) upwards to $1.25 given the Tsing-Yi acquisition and following its 2Q18 results.
However, the research house is maintaining its "hold" call given logistics supply challenges.
