Power Root’s share price run-up not over yet


KUALA LUMPUR: Power Root Bhd’s share price may be experiencing further upside from a valuation re-rating even as it catches up to the sector average, said RHB Research.

The research house has maintained its “buy” call on the counter while raising its forecast core earnings for financial year 2020-2022 by 3%-5%, raising the target price to RM2.49.

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