Yahoo! Philippines News - Latest Philippines News & International News Headlines: STOCKS NEWS SINGAPORE-Maybank upgrades Far East Orchard to 'buy'

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STOCKS NEWS SINGAPORE-Maybank upgrades Far East Orchard to 'buy' Sep 17th 2012, 02:45 Maybank Kim Eng upgraded property firm Far East Orchard Ltd to 'buy' from 'hold' and raised its target price toS$2.82 from S$2.37, on expectations it will bid for more land oracquire more yield-accretive properties. Shares of Far East Orchard were up 3.1 percent at S$2.36,and have jumped 84 percent so far this year, compared with theFT ST Consumer Services Index's 3.8 percent rise. ...

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