PTBA's Profit Forecast Revised Upward, Stock Price Target Raised
Diplomacy

PTBA's Profit Forecast Revised Upward, Stock Price Target Raised

PT Bukit Asam Tbk (PTBA) has seen its net profit forecasts for 2026 and 2027 significantly revised upwards. This is driven by strong performance in the third quarter of 2026 and the potential reduction of the domestic market obligation (DMO). Analysts suggest a revised target price for PTBA shares.

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