PC1 [OUTPERFORM +12.3%] - Nickel sales, Nomura IP to drive earnings rebound - Update
  • 20 Feb 2023
  • Company Research
- We raise our target price for PC1 by 14% to VND30,100/share but downgrade our rating from BUY to OUTPERFORM as PC1’s share has price increased ~60% over the past three months. Our increased target price is due to our 9% higher 2023-2027F aggregate NPAT