More analysts initiates coverage of Grab
$Grab Holdings (GRAB.US)$ Nirgunan Tiruchelvam, the head of Tellimer’s consumer sector equity research, agrees with the analysis. He said in his recent report that Grab’s potential as a super app has yet to be fully reached.Tiruchelvam has recently initiated coverage on Grab with a “buy” rating and a target price of US$13 by the end of 2022, while JP Morgan pegged it at US$12.5.
https://www.techinasia.com/how-grab-may-ride-bull-bourses-2022
https://www.techinasia.com/how-grab-may-ride-bull-bourses-2022
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GM 1 : The TP is pathetic …. lower than its IPO