Westports Outlook Likely to Improve -- Market Talk

Dow Jones

02/03

0339 GMT - Westports Holdings' outlook is likely to improve on expectations that global trade conditions will stabilize following a potential Xi-Trump meeting in April, TA Securities analyst Tan Kam Meng says in a note. The Malaysian port operator maintained its 2026 throughput growth guidance of up to 5%, with similar growth expected from both transhipment and gateway volumes, he notes. Phase one of Westports' expansion is progressing smoothly, with land reclamation running ahead of schedule and construction set to begin in 2027, he adds. TA Securities upgrades the stock to buy from hold and raises the target price to MYR7.40 from MYR5.57. Shares are 2.5% lower at MYR5.96. (yingxian.wong@wsj.com)

(END) Dow Jones Newswires

February 02, 2026 22:39 ET (03:39 GMT)

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The Malaysian port operator maintained its 2026 throughput growth guidance of up to 5%, with similar growth expected from both transhipment and gateway volumes, he notes. Phase one of Westports' expansion is progressing smoothly, with land reclamation running ahead of schedule and construction set to begin in 2027, he adds. TA Securities upgrades the stock to buy from hold and raises the target price to MYR7.40 from MYR5.57. Shares are 2.5% lower at MYR5.96. 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The Malaysian port operator maintained its 2026 throughput growth guidance of up to 5%, with similar growth expected from both transhipment and gateway volumes, he notes. Phase one of Westports' expansion is progressing smoothly, with land reclamation running ahead of schedule and construction set to begin in 2027, he adds. TA Securities upgrades the stock to buy from hold and raises the target price to MYR7.40 from MYR5.57. Shares are 2.5% lower at MYR5.96. (yingxian.wong@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 02, 2026 22:39 ET (03:39 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}