🟢 NationGate Holdings is trading 5.67% up today after UOB KayHian upgraded the stock to Buy

NationGate Holdings is trading 5.67% up now at MYR 1.49 after UOB KayHian upgraded the stock to Buy and raised its target price to RM1.88.

• The brokerage expects improving optical-networking margins as production volumes increase.
• Kenanga Research reiterated Outperform with a RM2.14 target, citing initial production from two US optical-networking programmes from 4Q26 and a larger FY27 volume ramp.
• The move follows weak second-quarter profit, but investors appear focused on longer-term photonics growth.