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OCBC downgrades SATS to 'hold' on rally, potential price pressure

SATS has entered into a number of overseas partnerships that will help the company to diversify outside of its traditional base in Singapore.


OCBC Investment Research has downgraded SATS to "hold" from "buy", citing the stock's recent climb and uncertainty about potential pricing pressure.

But OCBC analysts Eugene Chua and Low Pei Han also raised their fair-value for the stock to S$5.50 on the back of a...

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