0703 GMT - SIA Engineering's share price is unlikely to see much upside as much of the positives have been priced in, says DBS Group Research's Jason Sum in a note. DBS downgrades its rating on the stock to hold from buy. The Singapore aircraft-maintenance company's earnings prospects this year remain favorable, given strong maintenance, repair and overhaul demand, with likely additional capacity, he says. Industrywide maintenance demand remains robust, which could support SIA Engineering's high utilization, he adds, while capacity expansion and new line maintenance operations could generate incremental growth. DBS retains its S$4.00 target price. Shares fall 1.6% to S$3.62. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
January 14, 2026 02:03 ET (07:03 GMT)
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