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Brokers' take

Published Fri, Jul 19, 2019 · 09:50 PM

SATS Ltd > Hold (downgraded) DBS Group Research, July 19 July 19 close: S$5 Target price: S$5

OPERATING margin outlook is less optimistic on weak cargo volumes and consolidation of lower margin Ground Team Red's (GTR) financials. We lower our earnings forecasts by 5-9 per …

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