Analysts from DBS Group Research, Maybank Kim Eng and CGS-CIMB Research have improved their forecasts on UMS holdings, with DBS and Maybank raising their target prices and CGS-CIMB raising its revenue forecast for the FY2021 to FY2023.

All three brokerages have maintained their “add” and “buy” calls. 

DBS’ Ling Lee Keng has raised her target price from $1.83 to $2.16, while Maybank’s Lai Gene Lih has upped his target price from $1.80 to $2.10. 

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