DIG [SELL -35.8%] - Steep spike in share price leaves valuation expensive - Update

• 01 Dec 2021
• Company Research

- We downgrade our rating for DIG from MARKET PERFORM to SELL despite raising our target price by 40% to VND42,000/share as the recent 83% spike in the company’s share price over the last three months has overshot fundamentals, in our view. Our increased