Stock Track | Delfi Plummets 3.74% Intraday After RHB Bank Cuts Price Target

Stock Track

06/16

Delfi's stock price plummeted 3.74% during intraday trading on Tuesday, reflecting significant selling pressure on the Singapore-listed shares.

The decline followed news that RHB Bank adjusted its price target for Delfi downward to SG$1.21 from SG$1.33, while maintaining a "Buy" rating on the stock. The downward revision in the price target likely contributed to negative investor sentiment and the stock's sharp decline during the session.

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