MSN [OUTPERFORM +11.1%] - Core businesses making good progress - Update
  • 2020-12-01T16:52:27
  • Company Research
We downgrade our rating from BUY to OUTPERFORM following a 52% share price rally over the last three months. That said, we continue to like MSN’s strong exposure to Vietnam’s consumption growth, especially with its consumer-retail platform The CrownX (TCX).