Optimistic Long-Term Growth Prospects for Frencken Group Despite Short-Term Challenges
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Analyst William Tng of CGS-CIMB reiterated a Buy rating on Frencken Group Limited with a price target of S$1.72, citing long-term growth potential despite short-term challenges. The company's revenue increased significantly in the first nine months of 2025, driven by strong mechatronics performance. Despite a cautious outlook due to geopolitical tensions and economic uncertainties, the semiconductor business in Asia shows recovery signs. DBS also maintained a Buy rating with a S$1.92 price target.
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