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Broker's take: DBS downgrades ST Engg to 'hold' on limited upside potential

DBS Group Research has downgraded Singapore Technologies Engineering (ST Engineering) to "hold" on limited upside potential. It also lowered its target price to S$3.40 from S$4.60.

ST Engineering shares were trading S$0.01 or 0.3 per cent higher at S$3.28 as at 10.51am on Monday.

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