Kenanga maintains Outperform on Sapura Energy, lowers TP to 33 sen


KUALA LUMPUR: Sapura Energy Bhd could still see earnings weakness in the coming quarters although a turnaround in FY21 is possible, says Kenanga research.

On the back of Sapura Energy's earnings announcement, the research house maintained an outperform call on the counter while lowering its target price to 33 sen from 43 sen previously.

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