KUALA LUMPUR: PublicInvest Research is maintaining its outperform call, with an unchanged target price of RM6.80, based on 40 times price-to-earnings (PE) on its FY22F EPS of 17 sen per share.
It said on Friday, Greatech will benefit from its largest photovoltaic (PV) client, First Solar, which recently announced its plans to invest US$680mil to build a new solar panel plant in Ohio.
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