We lift our TP by 22% and upgrade DPM from MARKET PERFORM to BUY due to 1) raising our aggregate 2020-2024F NPAT-MI by 5%, 2) the positive impact of rolling our TP forward to YE2021, 3) a 1-ppt reduction in WACC and 4) higher projected 2020/21F ending cash balance.We raise our aggregate 2020-2024F NPAT-MI by 5% as 1) we expect DPM to continue its cost-cutting in 2021-25F to cope with higher future gas costs and 2) as we factor cheaper gas costs in 2021F following our revised oil price forecas