NT2 [MARKET PERFORM +8.7%] - Earnings to recover in 2025 while valuation looks fair - Update
  • 30 Oct 2024
  • Company Research
- We lower our target price (TP) for NT2 by 7.5% to VND19,700/share and maintain our MARKET PERFORM rating. Our lower TP is due to our 9% lower aggregate 2024-2028F reported NPAT forecast, which outweighs the positive impact of rolling our TP horizon forw