RESEARCH ALERT-TA lifts Malaysia's Tenaga to "buy"
KUALA LUMPUR, July 25 (Reuters) - TA Securities has upgraded its call on Malaysian power firm Tenaga Nasional (TENA.KL: Quote, Profile, Research) to "buy", on expectations of better earnings.
TA has also raised its target price on Tenaga to 9.90 ringgit a share. It did not state its previous call and target price.
Tenaga shares were flat at 8.05 ringgit by 0119 GMT.
(Reporting by Soo Ai Peng; editing by Liau Y-Sing)
© Thomson Reuters 2009 All rights reserved
Pledge to support economies
G20 financial leaders pledged to prepare strategies to end emergency support for their economies, but to keep the aid flowing until recovery was assured. Full Article | Related Story
Galleon case
U.S. insider trading probe widens
Fourteen people were charged with fraud and conspiracy in a dramatic widening of an insider trading scandal. Full Article
India
US
UK
