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
Dubai Debt Fears
Banks outside the Gulf played down their exposure to Dubai debt, after fears the emirate could default and even derail world economic recovery prompted a sell-off in global markets. Full Article | Slideshow
India Investment Summit 2009
Top executives and bankers discuss their own plans and the broader opportunities and challenges for India. Full Coverage
India
US
UK
