Frontken’s TP Upgraded By 18% On Strong Overseas Demand
Frontken Corporation Bhd’s earnings delivery rebounded strongly in the third quarter of 2024 with improvements across key market segments, prompting analysts to raise its target price by 18% to RM4.95, reported Maybank Investment Bank Bhd (Maybank IB). Frontken is favoured for its resilient outlook backed by Taiwanese demand, ongoing recovery in Singapore’s semiconductor volume, as […]