[Dow Jones] STOCK CALL: Credit Suisse says play-out of possible API (API.AU) acquisition scenarios sees significant upside for Sigma (SIP.AU). "SIP's initial low-ball offer, although rejected, has set the scene for further bidding activity and forced industry consolidation into play," CS says, adding SIP has the most room to move among potential rival bidders Symbion (SYB.AU) and DHL and is likely successful bidder. Keeps SIP at Neutral, target price A$2.75 vs last trade A$2.76.(SVM)
API Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
