Caring has now surpassed Guardian with 102 outlets against 99, while Cosway remains in the lead with 138.
KUALA LUMPUR: RHB Research has upgrade Caring Pharmacy to Neutral from Sell while maintaining the target price at RM1.27 for the stock, which closed yesterday at RM1.19.
It said Caring’s commitment to open 10 more outlets in 2015 as positive for the long run, but reiterated that it remained cautious on the near-term outlook because of the intense competition and cost pressures.
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