JPMorgan analyst Mervin Song upgraded CapitaLand Integrated Commercial to Overweight from Neutral with a price target of S$2.20, up from S$2. The firm believes the shares deserves to trade at a premium valuation given the company being a consistent growth compounder versus other real estate investment trusts.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on CPAMF:
