DXS [OUTPERFORM +16.4%] - Recovery in brokerage activities to boost earnings rebound - Update
  • 22 Aug 2024
  • Company Research
- We maintain our OUTPERFORM rating for DXS while reducing our target price by 12% to VND7,100/share. Our lower target price is mainly driven by (1) our 10% lower aggregate 2024-2028F NPAT-MI (respective changes of -8%/-14%/-12%/-9%/-8% in 2024/25/26/27/2