The downgrades included Pelikan International Corp Bhd (underperform, TP: 71 sen, by CIMB), Fraser and Neave Bhd (sell, TP: RM14, by MIDF Research), KLCC Property Bhd (hold, TP: RM3.46, by Hong Leong Research), Petronas Gas Bhd (neutral, TP: RM17, by OSK Research).
Read more: Rosier outlook for corporate earnings http://www.btimes.com.my/Current_News/BTIMES/articles/20120303014525/Article/index_html#ixzz1o3HowZ2Y
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