Monday, July 03, 2006

Stock Upgraded: CSE Global target price raised to 1.3 by DBS Vickers!

CSE Global Ltd may continue to head higher after DBS Vickers raised its target price for the stock to 1.30 sgd from 1.20, after increasing its earnings estimates for the company. "The group is starting to reap the benefits in terms of revenue growth contribution following CSE's focus to acquire small companies that fit strategically," DBS said in a note to clients.

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