Brokers' take: CGS-CIMB positive on Digi, Axiata as companies pursue merger

CGS-CIMB on Friday upgraded Malaysia-listed to "add" from its previous "hold", with a higher target price of RM4.55 from its previous RM4.00. It also raised its target price for Axiata Group to RM4.20, from RM4.10 previously. CGS-CIMB has an "add" call on Axiata.

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