Brokers’ take: CGS-CIMB raises Frasers Centrepoint Trust target price to S$2.75

CGS-CIMB slightly raised the target price of Frasers Centrepoint Trust (FCT) to S$2.75 from S$2.73 and maintained its “add” rating, after adjusting for the trust’s distribution per unit (DPU) estimates for the financial years 2022 to 2024.
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