DPM [BUY +21.3%] - Tax savings, lower input gas price to boost 2025F earnings - Update
  • 16 Oct 2024
  • Company Research
- We raise our target price (TP) for DPM by 5.6% to VND39,700/share and upgrade our rating from OUTPERFORM to BUY. Our higher TP is due to the positive impact of rolling our TP to end 2025 and a 0.1% increase in aggregate 2024-2028F NPAT-MI forecast (resp