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Home / Capital / Brokers Calls

PhillipCapital lowers FSL Trust's TP on tepid tanker market

Broker's Calls

PhillipCapital lowers FSL Trust's TP on tepid tanker market

Felicia Tan Published on Wed, May 05, 2021 / 11:19 AM GMT+8

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PhillipCapital analyst Vivian Ye has maintained “accumulate” on First Ship Lease Trust (FSL Trust) albeit with a lower target price of 3 cents from 5 cents previously, as profit after tax plunged 95% y-o-y on lower revenue.

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