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STOCKS NEWS ASEAN-Nomura raises target on DBS to S$17.30
Nomura increased its target price on DBS Group Holdings Ltd , Southeast Asia's largest lender, to S$17.30 from S$15.80 after raising its earnings forecast for fiscal years 2012 to 2014 by 4-5 percent. DBS shares closed 0.6 percent higher at S$14.33. Nomura said DBS's net interest income growth in fiscal year 2012 is expected to remain strong as loan growth had upside potential on sustained regional