ST Engineering's Demand Risks From U.S. Tariffs Need to Be Monitored -- Market Talk

Dow Jones05-13

0544 GMT - Singapore Technologies Engineering's demand risks from U.S. tariffs need to be monitored, Maybank Research's Krishna Guha says in a research report. Management indicated that the company's commercial aerospace business could be impacted, though mitigating plans are in place, the analyst notes. This business's revenue may be deferred as a first-order effect, although the effects on the extended supply chain may be mitigated by initiatives such as cost pass-throughs, the analyst adds. However, Maybank Research raises the stock's target price to S$8.30 from S$7.10 to reflect factors including a lower discount of 30% to its terminal value of the company. It maintains a buy rating on the stock, which is down 6.3% at S$7.15. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

May 13, 2025 01:44 ET (05:44 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2535565798?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-13 13:44","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2535565798","market":"hk","top_or_hot":-1,"title":"ST Engineering's Demand Risks From U.S. Tariffs Need to Be Monitored -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0544 GMT - Singapore Technologies Engineering's demand risks from U.S. tariffs need to be monitored, Maybank Research's Krishna Guha says in a research report. Management indicated that the company's commercial aerospace business could be impacted, though mitigating plans are in place, the analyst notes. This business's revenue may be deferred as a first-order effect, although the effects on the extended supply chain may be mitigated by initiatives such as cost pass-throughs, the analyst adds. However, Maybank Research raises the stock's target price to S$8.30 from S$7.10 to reflect factors including a lower discount of 30% to its terminal value of the company. It maintains a buy rating on the stock, which is down 6.3% at S$7.15. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 13, 2025 01:44 ET (05:44 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ST Engineering's Demand Risks From U.S. Tariffs Need to Be Monitored -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nST Engineering's Demand Risks From U.S. Tariffs Need to Be Monitored -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-13 13:44</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0544 GMT - Singapore Technologies Engineering's demand risks from U.S. tariffs need to be monitored, Maybank Research's Krishna Guha says in a research report. Management indicated that the company's commercial aerospace business could be impacted, though mitigating plans are in place, the analyst notes. This business's revenue may be deferred as a first-order effect, although the effects on the extended supply chain may be mitigated by initiatives such as cost pass-throughs, the analyst adds. However, Maybank Research raises the stock's target price to S$8.30 from S$7.10 to reflect factors including a lower discount of 30% to its terminal value of the company. It maintains a buy rating on the stock, which is down 6.3% at S$7.15. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 13, 2025 01:44 ET (05:44 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4187","symbol_name":"航天航空与国防","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2535565798","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2535565798","pubTimestamp":1747115040,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0544 GMT - Singapore Technologies Engineering's demand risks from U.S. tariffs need to be monitored, Maybank Research's Krishna Guha says in a research report. Management indicated that the company's commercial aerospace business could be impacted, though mitigating plans are in place, the analyst notes. This business's revenue may be deferred as a first-order effect, although the effects on the extended supply chain may be mitigated by initiatives such as cost pass-throughs, the analyst adds. However, Maybank Research raises the stock's target price to S$8.30 from S$7.10 to reflect factors including a lower discount of 30% to its terminal value of the company. It maintains a buy rating on the stock, which is down 6.3% at S$7.15. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4187":"航天航空与国防","IE00BKZH1Z71.USD":"BNY MELLON ASIAN INCOME \"B\" (USD) ACC","SG9999001127.SGD":"United Singapore Growth Fund SGD","SG9999014484.SGD":"Nikko AM ASEAN Equity Fund A SGD","SG9999002414.USD":"LIONGLOBAL SINGAPORE TRUST (USD) ACC","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","LU0348766576.USD":"ALLIANZ LITTLE DRAGONS \"A\" (USD) INC","BK6094":"航天航空与国防","SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","S63.SI":"新科工程","LU0348767384.USD":"ALLIANZLITTLE DRAGONS \"A\" (USD) ACC","SG9999001226.SGD":"UNITED SUSTAINABLE ASIA TOP 50 \"A\" (SGD) ACC","SGXZ27511609.SGD":"NIKKO AM SINGAPORE DIVIDEND EQUITY \"SGD\" (SGD) ACC","SG9999014302.SGD":"RHB Singapore Income Fund SGD","SG9999000475.SGD":"Aberdeen Standard Singapore Equity SGD","SG9999003826.SGD":"日兴资管新加坡股息基金 SGD","SG9999003461.SGD":"United Asia Pacific Infrastructure SGD","SG9999000343.SGD":"Schroder Singapore Trust A Dis SGD","SG9999008742.SGD":"Eastspring Investments Unit Trusts - Singapore ASEAN Equity SGD","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","SG9999002406.SGD":"利安新加坡信托基金","SGXZ43160589.SGD":"UNITED SG DYNAMIC INCOME FUND \"A\" (SGD) ACC","LU1048588211.SGD":"Blackrock Asian Dragon A2 SGD-H","SG9999002950.SGD":"United Asian Growth Opportunities SGD","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","SGXZ24219693.SGD":"UNITED SG DYNAMIC INCOME FUND \"A\" (SGD) INC","LU0072462343.USD":"贝莱德亚洲巨龙基金","SG9999005177.SGD":"Legg Mason Martin Currie - Southeast Asia Trust A Acc SGD","BK6504":"工业制品概念","SG9999001051.SGD":"United Asia Fund SGD","SG9999016042.SGD":"Schroder Singapore Trust A Acc SGD","BK6523":"ESG概念","SG9999014492.USD":"NIKKO AM ASEAN EQUITY \"A\" (USD) ACC"},"translate_title":"ST Engineering因美国关税带来的需求风险需要监控——市场讨论","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"S63.SI":1},"content_text":"0544 GMT - Singapore Technologies Engineering's demand risks from U.S. tariffs need to be monitored, Maybank Research's Krishna Guha says in a research report. Management indicated that the company's commercial aerospace business could be impacted, though mitigating plans are in place, the analyst notes. This business's revenue may be deferred as a first-order effect, although the effects on the extended supply chain may be mitigated by initiatives such as cost pass-throughs, the analyst adds. However, Maybank Research raises the stock's target price to S$8.30 from S$7.10 to reflect factors including a lower discount of 30% to its terminal value of the company. It maintains a buy rating on the stock, which is down 6.3% at S$7.15. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 13, 2025 01:44 ET (05:44 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2535565798","isCrawlerRequest":true}