Netlink NBN Trust (NLT)

Citi has kept its ‘buy’ call days after its upgrade, while DBS has downgraded its call to ‘hold’.

Citi Investment Research analysts say the stock’s sharp decline has more than fully factored in interconnect rate cuts in 4QFY2023

See the analysts' recommendations and target prices here.

Hold the line on Netlink NBN Trust

SINGAPORE (May 28): UOB Kay Hian is maintaining its “buy” call on Netlink NBN Trust (NLT), in line with consensus, as the stock offers an attractive shelter against external volatility.

SINGAPORE (Feb 20): Maybank KimEng, UOB KayHian and DBS Group Research are maintaining their “buy” for Netlink NBN Trust (NLT) as the market continues to search for high yields as Fed turns more dovish.

SINGAPORE (Dec 31): Maybank Kim Eng is keeping a “neutral” rating on the local telco sector as the new year is shaping up to be a trying one for the wireless sector with the upcoming launch of TPG, which teases with unlimited data plans, while StarHub

SINGAPORE (Dec 20): DBS has an “overweight” rating on Singapore’s Telco stocks as TPG’s abysmal capex so far implies room for positive surprise in 2019.

SINGAPORE (Nov 23): DBS Group Research is keeping its “buy” calls on Netlink NBN Trust, Singtel and StarHub, amid “abysmal capex” spent so far by new entrant TPG Telecom.

SINGAPORE (Oct 12): The Dow Jones Industrial Average on Wednesday fell more than 800 points while the S&P 500 had its worst day since February as technology stocks were battered.