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Home Capital Broker's Calls

Why an upgrade on Delfi is still sometime away despite recovering sales

Michelle Zhu
Michelle Zhu • 2 min read
Why an upgrade on Delfi is still sometime away despite recovering sales
SINGAPORE (Feb 23): CIMB Research is leaving its “hold” rating on Delfi unchanged with a slightly lower target price of $2.30 from $2.31 previously despite a recent fourfold surge in 4Q16 earnings to US$3.7 million ($5.2 million).
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