Analysts are mixed on Keppel Corp following the announcement of the exit of its rig building business.

On one hand, Phillip Securities has kept its “buy” rating for the stock with an unchanged target price of $6.12.

On the other hand, CGS-CIMB Securities has maintained its “add” recommendation for the stock, albeit with a lower target price of $6.40 from $6.46 previously.

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