Ada Lim of OCBC Group Research has raised her fair value for Info-Tech Systems (SGX:ITS
) after the business software provider reported better-than-expected full-year results for the first post-listing period. From an initial fair value of $1, Lim, who has kept her “buy” call, now figures that this stock is worth $1.30.
Info-Tech Systems
Price targets:
OCBC Group Research ‘buy’ $1.30
CGS International ‘add’ $1.35
AI-driven demand ahead
