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This palm oil company is looking forward to a good 4Q

Broker's Calls

This palm oil company is looking forward to a good 4Q

Gwyneth Yeo Published on Tue, Nov 01, 2016 / 11:41 AM GMT+8

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SINGAPORE (Nov 1): DBS is maintaining its “buy” rating on Indofood Agri Resources and its target price of 58 cents, after the palm oil company posted core earnings of IDR130 billion ($13.8 million), which were above the brokerage’s expected IDR120 billion.

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