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Temasek's offer for Keppel may stay but at a lower price: analysts
Analysts cutting their target prices even though they're keeping their 'buy' calls
Published Mon, Aug 3, 2020 · 09:50 PM
Singapore
SOME analysts are keeping faith with Temasek Holdings going through with its partial offer for Keppel Corporation given the need for consolidation in the sector.
But the offer price may be lowered, leading them to cut their target prices even though they're keeping their "buy" calls.
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