DBSDF Downgraded by JPMorgan Analyst Amid Margin Concerns | DBSDF Stock News

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May 20, 2025
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JPMorgan has adjusted its stance on DBS Group (DBSDF, Financial), moving the recommendation from Overweight to Neutral. Analyst Harsh Wardhan Modi also revised the target price for the stock downward to S$47 from S$49. The decision stems from anticipated pressure on net interest margins facing Singapore banks this year, which could limit potential gains for DBSDF shares in the short term.

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