Kenanga and Maybank Adjust Target Prices for Bermaz Auto Amid Earnings Concerns
Kuala lumpur: Kenanga Investment Bank Bhd (Kenanga IB) has maintained a ‘market perform’ call on Bermaz Auto Bhd (BAUTO), citing strong near-term earnings visibility. This is supported by an order backlog of 3,000 units comprising Mazda, Xpeng, and Ki…