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Hong Leong downgrades DRB Hicom

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Hong Leong downgrades DRB Hicom

A
Astro AWANI

0 Views • Dec 06, 2017

Description

Hong Leong Investment Bank (HLIB) has lowered its target price for conglomerate, Drb Hicom to RM3 from RM3.30 but maintained its buy call on the stock. The revised target price came on the back of Drb Hicom reporting lower earnings for its financial year 2014.

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