FRT [MARKET PERFORM -5.6%] - Mobile margin improvements to elevate 2022 earnings - Update
  • 2022-02-22T00:00:00
  • Company Research

We upgrade our rating from UNDERPERFORM to MARKET PERFORM as FRT’s mobile margins are materially tracking ahead of our expectations. Accordingly, we raise our target price (TP) by 25% and aggregate 2022F-2024F NPAT-MI by 54%.

Powered by Froala Editor