
AEM: Buy Rating Reaffirmed as Earnings Recovery Accelerates and Target Price Raised to S$14.79

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William Tng from CGS International reaffirmed a Buy rating on AEM Holdings Ltd., raising the target price to S$14.79 due to strong 1Q26 results and upgraded guidance. The earnings recovery is accelerating, driven by solid revenue growth and confidence from management. Tng highlights a growing addressable market and demand from key clients, while also raising earnings forecasts. DBS also maintains a Buy rating with a S$11.80 target.
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