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Nestlé (M) is trading at MYR 91–93, showing short-term stabilization. Analysts see limited upside with targets around MYR 85–88. While overvalued, strong cash flow supports stability despite liquidity pressure.
Nestlé Malaysia is rising short-term with strong Q2 earnings and solid cash flow. However, the stock looks overvalued, and technical signals suggest possible resistance near RM 86–87. Momentum is positive, but caution is advised.