Many downgrades despite the good result, which was below analyst's expectation.
Alarming to see CIMB and OCBC Sec lowering their price target despite recommending buying the stock. CIMB cuts it price target for Ezra from 3.08 to 1.05, while OCBC's fair value is now 1.20 down from 3.30 previously. DMG cuts its target price from 2.30 to 0.67.
No comments:
Post a Comment