POW [OUTPERFORM +17.5%] - Earnings to nearly double in H2 2023 vs H1 2023 - Update
  • 02 Aug 2023
  • Company Research
- We raise our target price (TP) for POW by 4.5% and maintain our OUTPERFORM rating. We view POW as a solid play on Vietnam’s resilient power consumption and structural transition to LNG with its upcoming Nhon Trach 3 & 4 LNG-fired plants. - Our higher TP