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Key Points Consensus 2024 estimates undemanding, in our view, recent sell-off seems overdone Near-term debt maturity overhang lifted; Styrenics business sale (while not our base case) could be a major share price...
Key Points We’re updating our forecast for HEI post the firm’s 2QFY24 earnings release of a couple of weeks ago. We’re reiterating our Overweight rating on the shares and raising our...
Key Points Periods of extreme MDI demand weakness, similar to the last two years, typically followed by strong demand rebounds Project delays and planned/unplanned outages could serve as margin tailwinds for the...
Key Points We’re reiterating our Overweight rating on shares of ESLT and are raising our target price by USD4 to US265. ESLT shares have been weak YTD, particularly recently, due, we...
Key Points Strong share price rally and relatively rich valuation multiple suggests near-term good news may already be baked into valuation AC segment may witness margin compression in 2024 resulting in earnings...