Venture Corp. Bull Sees Stronger 2H Results Ahead -- Market Talk

Dow Jones

05/06

0736 GMT - Venture Corp. retains its bull at CGS International thanks to an estimated 8% average earnings-per-share growth over 2026-2028. The Singapore technology-service provider's test and measurement segment and consumer lifestyle business are both likely to recover this year, which could drive stronger 2H results, says analyst William Tng in a note. He expects new product launches by customers and a better-than-expected revenue outlook to serve as potential re-rating catalysts for the stock. CGSI retains an add rating and S$21.78 target price. Shares climb 11% to S$18.33 after earlier touching S$18.38, the highest intraday level since 2023. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

May 06, 2026 03:36 ET (07:36 GMT)

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Bull Sees Stronger 2H Results Ahead -- Market Talk\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2026-05-06 15:36</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0736 GMT - Venture Corp. retains its bull at CGS International thanks to an estimated 8% average earnings-per-share growth over 2026-2028. The Singapore technology-service provider's test and measurement segment and consumer lifestyle business are both likely to recover this year, which could drive stronger 2H results, says analyst William Tng in a note. He expects new product launches by customers and a better-than-expected revenue outlook to serve as potential re-rating catalysts for the stock. CGSI retains an add rating and S$21.78 target price. Shares climb 11% to S$18.33 after earlier touching S$18.38, the highest intraday level since 2023. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 06, 2026 03:36 ET (07:36 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999001135.SGD","symbol_name":"United ASEAN Fund SGD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2633904251","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2633904251","pubTimestamp":1778052960,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0736 GMT - Venture Corp. retains its bull at CGS International thanks to an estimated 8% average earnings-per-share growth over 2026-2028. 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