January 14, 2011

GENM - Genting (M) upgraded at Credit Suisse

Stock Name: GENM
Company Name: GENTING MALAYSIA BERHAD
Research House: CREDIT SUISSE

Genting Malaysia Bhd was raised to “neutral” from “under perform” at Credit Suisse Group AG after raising its profit forecasts to reflect new contributions from the UK casinos and its upcoming slot-machine-style terminals in New York City.

The share estimate was increased to RM3.30 from RM2.50, Loke Foong Wai, an analyst at Credit Suisse, said in a report today. - Bloomberg


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