STK [OUTPERFORM +11.3%] - Textile business begins to recover - Update
  • 19 Nov 2020
  • Company Research
We maintain our OUTPERFORM rating — despite a 34% share price rally over the last three months — as a recovery in yarn demand has beat our expectation. We raise our target price (TP) by 35% primarily thanks to (1) an upward revision of 7% to our aggregate