CTR [BUY +23.5%] - Change in telecom technology to drive solid earnings growth - Update
  • 08 Mar 2024
  • Company Research
- We raise our target price (TP) for CTR by 26% to VND128,500/share and maintain our BUY rating. - Our higher TP is driven by (1) a 41% higher DCF valuation due to extending our explicit forecast period to end-2031 (vs end-2028 as previously) to reflect t