KNM Group Bhd, a Malaysian oil and gas services provider, rose 1.1 per cent to 45 sen, on course for the highest level since January 19. The company had its stock rating raised by RHB Research Institute Sdn Bhd to reflect a stronger orderbook this year. The company was raised to “outperform” from “underperform” and its target price increased to 63 sen from 39 sen, RHB Research said in a report today.
Monday, April 13, 2009
KNM - Raised to "outperform" (ext: BT)
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