Kenanga upgrades Dutch Lady to 'market perform'


KUALA LUMPUR: Dutch Lady Milk Industries Bhd's recent share price weakness means valuations are looking fair, says Kenanga Investment Bank Research, which upgraded the counter to "market perform".

The research house has a target price of RM37.55 on the stock, representing a 3.2% discount from the last traded market price of RM38.80 on Monday.

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