Maybank IB downgrades call on Lotte Chemical Titan to ‘Sell’

Maybank IB downgrades call on Lotte Chemical Titan to ‘Sell’

The Edge Markets - Malaysia·2020-01-31 11:46

KUALA LUMPUR (Jan 31): Maybank IB Research has downgraded its call on Lotte Chemical Titan Holdings Bhd (LCT) to "Sell" from "Hold" with a reduced target price (TP) of RM1.70 from its previous TP of RM2.85, following the company’s weaker financial year 2019 (FY2019) results.

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