HLIB ups MRCB-Quill REIT target price as 1Q profit beats forecast
KUALA LUMPUR (June 18): Hong Leong Investment Bank Bhd (HLIB) raised its target price (TP) for MRCB-Quill REIT (MQREIT) units to 79 sen from 71 sen and increased its earnings forecast for the group after the REIT reported first quarter core net profit, which was above estimates.