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Home / Capital / Brokers Calls

Phillip unfazed by DBS drop in 3Q earnings

Broker's Calls

Phillip unfazed by DBS drop in 3Q earnings

PC Lee Published on Wed, Nov 08, 2017 / 11:10 AM GMT+8

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SINGAPORE (Nov 8): Phillip Capital is maintaining its “buy” rating on DBS Group with a higher target price of $26.83 despite 3Q17 PATMI of $0.8 billion missing its estimate by 38.5% due to accelerated provisions of $815 million.

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