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Corporate Updates

Astra Otoparts (AUTO IJ): Investment gains guarded profit

 Astra Otoparts (AUTO IJ)
BUY / TP: IDR:3,400 (+42.9%)
Analyst: Alditya Galih Ramadhan

Investment gains guarded profit
• Earnings were within predicted marks
• Marginally surpassed estimates
• Earnings target cut for FY2024
• Attractive valuation, with lower TP
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