Genting Malaysia upgraded to outperform at CLSA; price target RM3.70

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SINGAPORE (Feb 14): CLSA upgraded the recommendation on Genting Malaysia Bhd to outperform from underperform.

* Price target (PT) raised to RM3.70 from RM3.08, implies 13% increase.

* Genting Malaysia average PT is RM3.46

* Genting Malaysia had 6 buys, 9 holds, 5 sells previously: Bloomberg data