<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Aug 30): Credit Suisse analyst Danny Chan downgraded the recommendation on Telekom Malaysia Bhd to neutral from outperform.</p></div>

<div class=newsTextDataWrapInner><p>* Price target (PT) lowered to RM3.70 from RM4.50, last close. Telekom Malaysia average PT is RM3.87.</p></div>

<div class=newsTextDataWrapInner><p>* Telekom Malaysia had 12 buys, 9 holds, 6 sells 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 24 percent in the past three months. Forecasts range from RM3 to RM6.40.</p></div>

<div class=newsTextDataWrapInner><p>Performance Metrics</p></div>

<div class=newsTextDataWrapInner><p>* Investors who followed Chan's recommendation would have received a negative 42 percent return in the past year, the same as the company's performance.</p></div>

<div class=newsTextDataWrapInner><p>* In the past three years and two months, Credit Suisse has rated Telekom Malaysia outperform once and neutral once.</p></div>

<div class=newsTextDataWrapInner><p>* The shares fell 41 percent in the period rated outperform and fell 11 percent in the period rated neutral.</p></div>

<div class=newsTextDataWrapInner><p>* Telekom Malaysia reported earnings and sales that trailed estimates for the quarter on Aug 29.</p></div>


KUALA LUMPUR (Aug 30): Credit Suisse analyst Danny Chan downgraded the recommendation on Telekom Malaysia Bhd to neutral from outperform.

* Price target (PT) lowered to RM3.70 from RM4.50, last close. Telekom Malaysia average PT is RM3.87.

* Telekom Malaysia had 12 buys, 9 hol...

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