ST Engineering
Price target:
CGS-CIMB “add” $4.54
DBS Group Research “buy” $4.55
RHB Group Research “buy” $4.85
Citigroup “sell” $3.68
CLSA Underperform $3.78 

ST Engineering’s largest acquisition ever draws mixed calls

Analysts are mostly positive on ST Engineering’s prospects after the group announced that it was acquiring mobility business TransCore on Oct 3.

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