KUALA LUMPUR: Affin Hwang research has maintained its sell call on Hartalega Holdings Bhd with a lower target price of RM3.70 from RM4.10 previously as 1QFY20 results came below expectations.
In a Wednesday note, the research house cut its sales volume growth assumption from 12% to 5% for FY20E despite Hartalega's management guidance for stronger quarters ahead.
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