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STOCKS NEWS SINGAPORE-Tiger Air upgraded to hold by OCBC
OCBC Investment Research upgraded Tiger Airways Holdings Ltd to hold from sell and raised its price target to S$0.67 from S$0.60, citing the budget carrier's improving operations and joint venture plans. Tiger shares were up 0.8 percent at S$0.645, bringing their gains to 1.6 percent so far this year. The FT ST Small Cap Index was up 0.6 percent. Tiger is on track to begin operations in Sydney
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