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CIMB raises MPI target price to RM57, maintains 'Buy' on stronger AI demand outlook (opens original article in a new tab)

TL;DR

CIMB raises MPI target price to RM57 and keeps 'Buy' rating due to stronger AI demand outlook.

  • CIMB Securities raised MPI's target price to RM57
  • CIMB maintains 'Buy' recommendation for MPI
  • Improved AI-driven demand visibility influences decision
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