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CGSI, OCBC cut FCT target prices despite record payout

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CGSI, OCBC cut FCT target prices despite record payout

CGSI and OCBC lowered their target prices for Frasers Centrepoint Trust despite its record fiscal 2026 payout. The trust's units reached their highest level since August on October 23rd, while both brokerages remained positive, citing near-term headwinds.

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