---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000927845.md"
description: "Iggy's Journal: OCBC Split Decision, Why Citi and UOB Kay Hian DisagreeWed 07 Oct 2026 | MiddayThe Numbers$OCBC Bank(O39.SG) OCBC shares fell as much as 5.2 percent today. The Edge Singapore reports that Citi analyst Tan Yong Hong cut OCBC to Sell on 6 Oct with a target price of S$27.50, and Citi expects third-quarter earnings to be flat year on year. UOB Kay Hian points the other way, citing first-half earnings growth of 22 percent and the bank's wealth management business.Two brokers, one bank, opposite conclusions. A negative rating does not mean the bank itself has changed, and the new episode shows how both views can stand at the same time.My Personal TakeA heavy-volume day tells me investors reacted. It does not tell me which note is right. The question I am putting to each of the two calls is what result would prove it wrong, and when that result arrives. The episode sets that out for Citi and for UOB Kay Hian. Personally, I'm making some movements too, but that should not influence my content.  📺 YouTube https://youtu.be/57crXPAG3ug📩 Substack https://investingiguana.com/p/citi-cut-ocbc-while-uob-kay-hian Not financial advice. Iggy's Forensic Compliance Standards apply."
datetime: "2026-10-07T04:20:17.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000927845.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000927845.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000927845.md)
author: "[TheInvestingIguana](https://longbridge.com/en/profiles/22116548.md)"
generator: "portal-rs"
---

# Iggy's Journal: OCBC Split Decision, Why Citi and …


### Related Stocks

- [O39.SG](https://longbridge.com/en/quote/O39.SG.md)

## Comments (1)

- **Fattycat · 2026-10-07T05:08:26.000Z · 👍 1**: Thanks for the information. Citi sure looks like the bad guy here. Their downgrade knocked OCBC lower and dragged the whole banking sector down too.🫣🙈🙈🙈🫢😡


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**