SINGPORE (Apr 30): Mapletree Industrial Trust (MINT) is being upgraded to “add” from “hold” previously by CGS-CIMB Research with an unchanged target price of $2.66.

In a Tuesday report, analyst Lock Mun Yee says, “We continue to like MINT for its good execution track record with visible earnings growth from ongoing development activities and exposure to the US data centre sector.”

See: Continued resilience, quality portfolio present 'attractive prospects' for this REIT: DBS

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