CGS-CIMB

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Brokers' ' take: CGS-CIMB decreases target on Wilmar; UOBKH, DBS keep '' buy '

CGS-CIMB has actually reduced its target rate on Wilmar International to S$ 5.69 from S$ 6.15 in spite of its record-high web earnings in FY2021. Wilmar on Tuesday (Feb 22) published a 24 percent development in its core web earnings year on year (yoy) to a record-breaking US$ 1.84 billion in FY2021, 16 percent over CGS-CIMB’s quotes. In a study…