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Home / Capital / Brokers Calls

CGS-CIMB reiterates a 'buy' for Riverstone saying 'stars are aligned'

Broker's Calls

CGS-CIMB reiterates a 'buy' for Riverstone saying 'stars are aligned'

Amala Balakrishner Published on Fri, May 22, 2020 / 1:39 PM GMT+8

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SINGAPORE (May 22): CGS-CIMB is reiterating its ‘add’ or ‘buy’ call on personal protective gear manufacturer Riverstone Holdings, but at a revised target price of $2.50. This is up 34% or 64 cents from its previous $1.86 call, analyst Ong Khang Chuen says in a May 21 note.

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