Wednesday, May 17, 2006

Stock Buy Call: Huan Hsin targeet price raised to 0.7 by DBS Equity Research!

Huan Hsin Holdings Ltd may gain after DBS Equity Research raised its rating on the stock to "buy" from "hold", citing expectations of sustained earnings growth in the second quarter. DBS also increased its 12-month target price to 0.70 sgd from 0.67. CIMB-GK Research also upgraded the stock to "outperform" from "neutral" and kept its target price of 0.73 sgd. Huan Hsin retreated 0.015 sgd to close at 0.560 yesterday.

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