June 1, 2010

AIRASIA - AirAsia upgraded to 'outperform' at RHB

Stock Name: AIRASIA
Company Name: AIRASIA BHD
Research House: RHB

AirAsia Bhd was raised to "outperform" from "market perform" at RHB Research Institute Sdn Bhd after first-quarter earnings exceeded its estimates.

The fair value for the stock was increased to RM2.20 from RM1.49, RHB said in a report today. -- Bloomberg

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