KUALA LUMPUR (May 9): Maybank Investment Bank (Maybank IB) on Monday (May 9) initiated coverage on Farm Fresh Bhd with a buy rating and a target price of RM1.95, underpinned by its three-year net profit compound annual growth rate (CAGR) of 23%.Maybank IB's Jade Tam said in a note that she estimated a three-year (FY21 [ended March 31, 2021] to FY24) core net profit CAGR of 23% to be largely.
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