Corporate Updates

Indocement (INTP IJ): Better growth traction

Indocement (INTP IJ)
BUY / TP: IDR:14,200 (+14.5%)
Analyst: Chandra Pasaribu

Better growth traction
• Slow start from seasonality
• Mitigating cost pressure
• Feeling more upbeat
• Upgrade to BUY with unchanged TP of IDR14,200 (US$0.99).

Corporate Updates

Indocement (INTP IJ): Better growth traction

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