The broker is also more positive on Cityneon’s prospects now that its CEO will have more control over the company and with a more supportive investor base in place.
SINGAPORE (May 26): UOB KayHian is maintaining its “buy” on Cityneon with a higher target price of $1.28.
UOB says investors can continue to look toward explosive 2016-19 EPS growth with potential catalysts from new intellectual property (IP) rights.
