Wednesday, December 1, 2010

Stock Calls - Hold by DBS Vickers. Downgraded from Buy. Price target cut from 63 cents to 40 cents after group reported a loss in quarter 4.

Straits Asia Resources - Buy by OCBC Investment Research. Upgraded from Hold and target price increased from $2.24 to $3.13. OCBC expects the Indonesian coal miner's FY11 earnings to rise, driven by recovery in thermal coal prices and increased output from the mines.

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