SINGAPORE (July 6): Following SPH REIT’s business update for 3Q on Wednesday, CGS-CIMB analysts Eing Kar Mei and Lock Mun Yee have cut their forecasts for its FY20-22F DPU by 3-29%.

See: SPH REIT reports 3Q DPU of 0.5 cent in business update

Eing and Lock have also reduced SPH REIT’s target price to $1.10 from $1.13, previously.

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