Stock Strategies and Predictions
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Tuesday, April 21, 2009. Wilmar upgraded to Buy by Goldman Sachs. Goldman Sachs upgrades Wilmar to Buy from Neutral on back of more positive view on crude palm oil CPO prices, lifts target price to 4.10 from 3.15. Says tightening soybean supply, Malaysias low CPO inventories, better outlook for crude oil prices should support CPO prices; raises FY09-FY11 CPO price forecasts by 17-20. Says Wilmar looks particularly attractive as has, lowest valuations. Says stock deserves to trade at premium.CONTENT
This web page sharesstrategies.blogspot.com states the following, "Tuesday, April 21, 2009." We saw that the webpage said " Wilmar upgraded to Buy by Goldman Sachs." It also said " Goldman Sachs upgrades Wilmar to Buy from Neutral on back of more positive view on crude palm oil CPO prices, lifts target price to 4. Says tightening soybean supply, Malaysias low CPO inventories, better outlook for crude oil prices should support CPO prices; raises FY09-FY11 CPO price forecasts by 17-20. Says Wilmar looks particularly attractive as has, lowest valuations. Says stock deserves to trade at premium."SEEK SIMILAR DOMAINS
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