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He is maintaining CIMB’s earnings forecast at RM3.04 billion for FY21, RM4.98 billion for FY22, RM5.37 billion for FY23.
From CIMB chief financier ...
With the recent share price retracement, Imran believes that it presents an opportunity to invest in an improving situation. As such, he is upgrading his call on CIMB to "trading buy" from "neutral", but is still maintaining its target price (TP) of RM4.50.
