Bursa Malaysia Stock Watch
TENAGA - Tenaga cut to 'neutral' at JPMorgan
kltrader
Publish date: Fri, 29 Oct 2010, 01:07 PM
kltrader
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Stock Name: TENAGA
Company Name: TENAGA NASIONAL BHD
Research House: JP MORGAN CHASE
Tenaga Nasional Bhd was cut to "neutral" from "overweight" at JPMorgan Chase & Co after the Malaysian power utility reported fiscal fourth-quarter profit that was below expectations.
The share-price estimate was reduced to RM9.20 from RM10.40, Simone Yeoh, an analyst at JPMorgan, said in a report today. -- Bloomberg
Company Name: TENAGA NASIONAL BHD
Research House: JP MORGAN CHASE
Tenaga Nasional Bhd was cut to "neutral" from "overweight" at JPMorgan Chase & Co after the Malaysian power utility reported fiscal fourth-quarter profit that was below expectations.
The share-price estimate was reduced to RM9.20 from RM10.40, Simone Yeoh, an analyst at JPMorgan, said in a report today. -- Bloomberg
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