UOB Kay Hian (UOBKH) is maintaining its “buy” call on Marco Polo Marine (MPM), but at revised target price of 3.6 cents. 

This is up 1.6 cents from their previous 2 cent call and is believed to give the counter an upside of 28.6%, analyst Clement Ho explains in a July 14 note.

His move follows the resilience seen in the rationalised oil & gas offshore support industry throughout the pandemic. 

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