JPMorgan upgrades SingTel to overweight

Stock Name: SingTel
Company Name: SINGTEL

Research House: JP Morgan Chase

Price Call: BUY

Target Price: 3.60

JPMorgan has upgraded Southeast Asia’s largest telecom firm Singapore Telecommunications (SingTel) (STEL.SI) to overweight from neutral and raised its target price to $3.60 from $3.40.