Analysts like NetLink NBN Trust for its strong dividend yield and outlook. 

UOB Kay Hian is downgrading its call on NetLink NBN Trust to “hold” from “buy” with a target price of $1.08, as the stock is new trading close to the target price.

This comes on the back of NetLink announcing its 1HFY2022 ended September results, which saw DPU increase by 1.2% y-o-y to 2.56 cents, while revenue grew 3.6% y-o-y to $187.9 million.

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