MWG [OUTPERFORM +11.1%] - ICT margins rebound; BHX’s upbeat NPAT outlook - Update
  • 20 May 2024
  • Company Research
- We raise our target price (TP) by 20% to VND65,700/share, but downgrade our rating to OUTPERFORM from BUY as the stock has rallied ~35% in the past three months. - Our higher TP primarily stems from a 25% uplift in our valuation for TGDD & DMX, mainly d