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RHB maintains ‘buy’ call on Public Bank

KUALA LUMPUR: RHB Investment Bank has reiterated its “buy” call on Public Bank Bhd (PBB) with a new target price (TP) of RM21.60 from RM20.60 previously as it will continue to command premium valuations, given its defensive qualities in the challenging economic environment. In a research note today, RHB said PBB’s credit cost guidance has […]