STK [MARKET PERFORM +8.0%] - Weaker short-term demand outlook; delay in expansion - Update
  • 03 Aug 2022
  • Company Research
- We downgrade our rating from BUY to MARKET PERFORM as we cut our target price by 15% mainly due to our lower sales volume forecasts and increased house risk-free rate. STK’s share price has increased 15% over the past three months. - We cut our aggregat