Sarana Menara Nusantara (TOWR IJ): Marks tepid growth

Sarana Menara Nusantara (TOWR IJ)
BUY / TP: IDR:1,045 (+20.1%)
Analyst: Chandra Pasaribu

Marks tepid growth
• Within expectation
• Operational numbers remain lukewarm
• Potential improvement from lower interest
• Unchanged TP of IDR1,045 – Re-iterate BUY