STB [BUY +37.1%] - NIM rebound to counteract high credit costs in 2024 - Update
  • 05 Dec 2023
  • Company Research
- We maintain our target price (TP) for STB at VND38,100/share but upgrade our rating from OUTPERFORM to BUY as the stock’s price has decreased by ~16% in the past three months. - The negative impact on our valuation from a 13.2% aggregate decrease in our