Although analysts are positive on Singapore Exchange buying MaxxTrader, their recommendations are mixed for investors.

On one hand, Phillip Securities has downgraded the stock to a “neutral” rating from “accumulate” previously, albeit with a higher target price of $11.95 from $11.25.

“Stock positives… have been priced in, in our view,” Phillip’s senior research analyst Terence Chua writes in a note dated July 25.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook