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DBS Vickers downgrades Indonesia's Astra to sell

JAKARTA, Feb 16 (Reuters) - DBS Vickers Securities has downgraded its recommendation on Indonesia's largest automotive distributor, PT Astra International Tbk , to sell from hold, the brokerage said in a report on Wednesday.

DBS also said it is reducing Astra's target price by 20 percent to 9,000 rupiah ($0.976) per share.

($1=9,220 rupiah)