RHB Group Research’s Jarick Seet has upgraded his rating on Venture Corp from “neutral” to “buy” with a raised target price of $22.60, up from the previous target price of $20.60. 

Seet said the company should “chart a steady recovery in 2H2020”, and noted that it is now fulfilling its backlog of orders, while its research & development laboratory plans to release some new products for the manufacturing segment in early 2021. 

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