GRAB - Grab's Strong Quarter and Market Position Suggests It Is Core Emerging Market Investment: Analyst | Benzinga
Benchmark analyst Fawne Jiang reiterated a Buy rating on Grab Holdings (NASDAQ: GRAB) with a price target of $6.
GRAB reported another strong quarter with a topline and bottom line beat and, more importantly, group-level profitability for the first time, a testament to its execution capability to deliver sustainable growth.
Jiang notes that competence in offering affordable services remains a critical competitive edge in the region.
As a super-app, a tech-innovator, and a multi-region operator, GRAB is well-positioned to effectively optimize ...