BPD Jawa Barat & Banten (BJBR IJ)
BUY / TP: IDR:1,700 (+20.1%)
Analyst: Yap Swie Cu

Upgrade to BUY on better outlook
• Solid 1Q21 earnings
• Strengthening the buffer
• Cautiously optimistic guidance
• Higher earnings and TP, upgrade to BUY