March 29, 2010

TM - Price Target News

Stock Name: TM
Company Name: TELEKOM MALAYSIA BHD
Research House: MAYBANK

Telekom Malaysia Bhd, the state-controlled phone company, was upgraded to "buy" from "hold" at Maybank Investment Bank Bhd on higher long-term growth expectations.

Its share price forecast was raised to RM3.86 from RM3.50, Maybank said in a report today. - Bloomberg

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