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Bank Rakyat Indonesia downgraded to Neutral from Buy at Goldman Sachs

Bank Rakyat Indonesia downgraded to Neutral from Buy at Goldman Sachs

Goldman Sachs downgraded Bank Rakyat Indonesia (BKRKF) to Neutral from Buy with a IDR 3,730 price target The firm sees a “long road ahead” for the bank’s profitability recovery amid asset quality concerns.

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