0204 GMT - Com7 is likely to post 2Q earnings growth of 22%, driven by solid performance from its IT retail and other businesses, UOB Kay Hian's Tanapon Cholkadidamrongkul says in a research report. Its retail business' sales should grow 9% in 2Q, aided by higher product prices and resilient demand, the analyst says. The Thailand IT products retailer's other businesses also continue to outperform, the analyst adds. Moreover, Apple's price increase for some of its products could spark demand as consumers quicken purchases, which is positive for Com7. The brokerage raises the stock's target price to 32.50 baht from 30.00 baht with unchanged buy rating. Shares last closed at 30.00 baht. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
July 19, 2026 22:04 ET (02:04 GMT)
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