TCB [OUTPERFORM +10.5%] - NIM to recover gradually - Update
  • 14 May 2024
  • Company Research
- We raise our target price (TP) for TCB by 16.9% to VND52,000/share but maintain our OUTPERFORM rating as the share price has increased 24% in the last three months. - Our higher TP is driven by (i) a 12% increase in our projection for aggregate 2024-202