PETALING JAYA: CIMB Equities Research has lowered its target price for Westports Holdings Bhd from RM4.58 to RM4 as the port operator’s volume growth may slow down in the immediate term.
The research firm said as the planned April 1, 2017 container shipping realignments approached, it believed that Westports may deliver slower volume growth in financial years 2017-2018 than previously thought.
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