SINGAPORE (Feb 8): CIMB is maintaining its “add” call on Venture Corporation with a target price of $29.13.
Preliminary estimates released by the US government showed that the nation’s output increased at an annual rate of 2.6% in 4Q17 and since more of the group’s customers are US corporates, the research house believes that the group is on track for a strong FY17.
Meanwhile, Venture Corp on Jan 18 announced its first substantial investment in the US in monetary terms.
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