Stock Name: SPSETIA
Company Name: SP SETIA BHD
Research House: KENANGA
SP Setia Bhd, Malaysia's largest property developer, had its stock rating upgraded at Kenanga Investment Bank Bhd to reflect the company's earnings growth prospects.
The company was raised to "buy" from "trading buy" and its fair value increased to RM5.50 from RM4.78, Yeow Yeonzon, an analyst, said in a report today. -- Bloomberg
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