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NRA Capital Pte Ltd

Written by: Lynn Look

Friday 28 Mar 2014

Singapore Banks - 2013 Quarterly Review (Part 4)

OCBC - a dark horse worth betting on

We are upgrading our sector recommendation from UNDERWEIGHT to OVERWEIGHT as OCBC has fallen to an attractive entry level. We have upgraded the stock to a BUY. UOB remains our favourite while DBS remains a SELL at current level.

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