SIP [BUY +36.8%] – Resilient IP cash flow, IP utilities services to grow in 2025 – Update
  • 07 Oct 2024
  • Company Research
- We upgrade our rating for SIP from OUTPERFORM to BUY as we raise our target price (TP) by 6% to VND95,800/share as the share price has declined by ~10% in the past three months. - Our higher TP is mainly driven by (1) a higher valuation for the IP utili