0238 GMT - Venture Corp.'s earnings growth is likely to be stronger, RHB Research's Alfie Yeo says in a research report. The drivers are improving demand from hyperscale data centers, semiconductor customers, and new product introductions in the consumer lifestyle segment, the analyst says. Some products include producing network cards and test and measurement equipment for data centers, and sensors for semiconductor clients. Based on factors including the technology services, products and solutions provider's initiative to build a long-term competitive advantage with differentiated solutions, RHB Research now pegs the stock to 24x blended 2026-2027 P/E. It raises the stock's target price to S$21.80 from S$17.40 with an unchanged buy rating. Shares are 0.1% higher at S$18.02. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
May 11, 2026 22:38 ET (02:38 GMT)
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