POW | Yuanta Vietnam
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28/02/2023 - 17:42

POW

We upgrade our recommendation to BUY from the previous SELL, and we increase our target price by +37.6% to VND 16,724 per share. Our target price implies 2024F EV/EBITDA of 6.5x, which is 8% below the regional peer median.

20230228 POW update-edited