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OCBC draws analyst upgrades but many are cautious on price

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OCBC Bank attracted a couple of upgrades from local houses after beating expectations on its third-quarter earnings announced on Thursday morning. However, many brokers kept their "hold" ratings on the stock, citing valuation concerns.

OCBC Bank attracted a couple of upgrades from local houses after beating expectations on its third-quarter earnings announced on Thursday morning. However, many brokers kept their "hold" ratings on the stock, citing valuation concerns.

According to Bloomberg, views were roughly split down...

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