DXG [OUTPERFORM +16.2%] - GSW and GR relaunches to drive presales recovery in 2025/26F - Update
  • 29 Oct 2024
  • Company Research
- We raise our target price (TP) by 12% to VND19,000/share and upgrade our rating for DXG to OUTPERFORM from MARKET PERFORM. - Our higher TP reflects (1) a 39% increase in our valuation for Gem Riverside (GR; in HCMC) due to a higher net ASP assumption an