0553 GMT - AEM's margin uptick is likely to extend into 2H, supported by improved earnings visibility from its AI and high-performance computing business, Citi analyst Arthur Pineda says in a note. Beyond FY26, Citi sees sustained solid growth as revenue from new semiconductor customers is likely to start contributing next year. The bank raises its target price to 14.60 Singapore dollars from S$12.70 and maintains buy/high risk, after revising up FY26-FY28 earnings estimates by 15%-21% to reflect stronger revenue growth and firmer margin trends. Shares are down 3.5% at S$10.11.
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