<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Dec 12): J.P. Morgan analyst Harsh Wardhan Modi upgraded the recommendation on CIMB Group Holdings Bhd to neutral from underweight.</p></div>

<div class=newsTextDataWrapInner><p>* Price target (PT) lowered to RM5.40 from RM5.50. CIMB average PT is RM6.44.</p></div>

<div class=newsTextDataWrapInner><p>* CIMB had 11 buy, 12 holds, 1 sell previously: Bloomberg data</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>* Analysts lowered their consensus one-year target price for the stock by 3.6 percent in the past three months.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>Performance Metrics</p></div>

<div class=newsTextDataWrapInner><p>* Investors who followed Modi's recommendation would have received an 11 percent return in the past year, compared with the negative 3.8 percent return on the shares.</p></div>


KUALA LUMPUR (Dec 12): J.P. Morgan analyst Harsh Wardhan Modi upgraded the recommendation on CIMB Group Holdings Bhd to neutral from underweight.

* Price target (PT) lowered to RM5.40 from RM5.50. CIMB average PT is RM6.44.

* CIMB had 11 buy, 12 holds, 1 sell previously: Bloom...

CIMB upgraded to neutral at JPMorgan; PT RM5.40

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Shares of EP Manufacturing Bhd (EPMB) climbed on Tuesday and set for its best day in 10 months after the auto parts maker signed a 10-year vehicle assembly deal with a Chinese carmaker.

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Former prime minister Tan Sri Muhyiddin Yassin has requested for a bench of five Court of Appeal (CoA) judges to hear his review against the court’s own decision to reinstate abuse of power charges involving RM232.5 million against him.

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<p>Mark Zuckerberg won his bid to avoid personal liability in about two dozen lawsuits accusing Meta Platforms Inc and other social media companies of addicting children to their products.</p>


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<p>Just a few months ago, life as a Paramount Global bondholder was pretty good.</p>


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