0212 GMT - SATS's revenue growth could be offset by cost pressures amid the Middle East conflict, OCBC Group Research's Ada Lim says in a note. Demand for the Singapore-based company's ground-handling services and aviation meals should be supported by continued healthy global travel demand. "However, if the conflict persists and oil prices remain elevated, this may eventually weigh on consumer sentiment," Lim writes. OCBC now expects a slight margin compression in FY 2027, citing higher input costs and energy prices. It lowers its fair-value estimate on the stock to 4.20 Singapore dollars from S$4.32 while maintaining a buy rating. Shares are 6.7% higher at S$3.80. (amanda.lee@wsj.com)
(END) Dow Jones Newswires
May 27, 2026 22:12 ET (02:12 GMT)
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