Affin Hwang upgrades Heineken to Buy, TP unchanged at RM25


KUALA LUMPUR: Affin Hwang Capital research upgraded Heineken Malaysia Bhd to a buy call owing to the stock's recent share-price retracement and on the back of the recent earnings results that within expectations.

It maintained a target price of RM25, which represent a 10% upside to the stocks' market price of RM22.72 on Aug 20.

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