KUALA LUMPUR: CIMB Research is maintaining its Overweight call on the aviation sector in the country but is cutting its forecast for AirAsia, AirAsia X
and MAS, with only Malaysia Airports Holdings Bhd having its figures upgraded.
Malaysia Airports and AirAsia remain Outperform, while AirAsia X has been downgraded from Outperform to Neutral. MAS is still being pegged at Underperform.
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