Indofood Stock Sees Target Price Raised by Analyst, Valuation Appeal Noted
Mandiri Sekuritas has raised its sales and core profit forecasts for PT Indofood Sukses Makmur Tbk (INDF) for FY26, setting a new target price of Rp 8,725. The firm highlights the company's inflation hedging from its agribusiness and Bogasari segments, despite commodity price risks.
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