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First Metro raises PSEi target to 6,700 on easing global risks
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First Metro raises PSEi target to 6,700 on easing global risks
MANILA, Philippines – First Metro Securities and DBS Bank raised their year-end PSEi target to 6,700 from 6,500 as easing geopolitical tensions improved market sentiment. In a joint report, the brokerages raised their target on expectations of modest earnings growth and a partial valuation recovery as US-Iran tensions de-escalate. READ: Iran-US talks to continue through
·Manila, Philippines (the)
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Total News Sources1
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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