0523 GMT - Venture Corp.'s earnings outlook points to gradual recovery, DBS Group Research's Lee Keng Ling says in a research report. This would be led by data-center-related demand but moderated by execution and macro risks, the analyst says. Revenue drivers could shift toward structurally growing technology domains, with networking and communications, test and measurement instrumentation and semiconductor-related equipment benefiting from hyperscale data-center expansion. These trends should support utilization, operating leverage and margin stability for the global provider of technology products and solutions as production ramp-up continues. DBS raises the stock's target price to S$17.90 from S$15.30 based on estimated 21x 2026 earnings, with an unchanged hold rating. Shares are 1.7% lower at S$15.37. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
March 02, 2026 00:24 ET (05:24 GMT)
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