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Phillip Capital raises target price for Pentamaster to RM6.23
KUALA LUMPUR (May 10): Phillip Capital has maintained its “buy” rating on Pentamaster Corp Bhd (KL: PENTA) at RM4.44 with a higher target price of RM6.23 (from RM5.65) and said Pentamaster’s 1Q24 core net profit of RM24 million was in line with ours and consensus forecasts.