ACB [BUY +42.7%] - Low-risk strategy delivers strong earnings growth - Update
  • 14 Nov 2023
  • Company Research
- We raise our target price (TP) for ACB by 5.4% to VND31,400/share and maintain a BUY rating. - Our higher TP is mainly due to (1) the positive impact of rolling our TP horizon to end-2024F and (2) decreasing our cost of equity assumption due to a lower