PhillipCapital analyst Paul Chew has upgraded SATS to “neutral” from “sell” despite the airline gateway services and food solutions provider’s lower-than-expected 1HFY2021 results.

Chew has also raised his target price on SATS to $4.40 from $1.95.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook