We raise our target price by 5.5% and maintain an OUTPERFORM rating as we lift our target P/E by 8.5% following a higher regional peer P/E median. Meanwhile, we increase our 2019-2023F earnings forecast by less than 1%. We forecast 2019 EPS to grow 10.0% thanks to domestic sales volume growth of 5.6% (COCO and DODO sales volume growth of 6% and 5%, respectively) and a smaller forex loss thanks to domestic input from Nghi Son refinery (NSR) replacing imports.