DXS [BUY +50.4%] - Expanding market coverage in central and southern regions - Update
  • 15 Aug 2022
  • Company Research
We reiterate our BUY rating for DXS despite cutting our target price by 14% to VND28,200/share. Our lower target price is mainly due to (1) a 7% decrease in our aggregate 2022-2026F NPAT-MI forecast amid our lower expected revenue growth and higher intere