TA Research maintains a 'buy' call on AGB stock with a revis...

TA Research maintains a 'buy' call on AGB stock with a revised target price of RM1.94 a share. The research house expects the utilisation rate to reach approximately 40% for the company's Mexico plant in FY24, up from 25% in FY23. It also anticipates that the company will obtain export approval for full-cream dairy products from Mexico to the US by the end of FY24.